BNY Mellon Core Bond ETF $BKAG Holdings Lifted by SevenBridge Financial Group LLC

SevenBridge Financial Group LLC grew its holdings in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 45.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 106,686 shares of the company’s stock after purchasing an additional 33,471 shares during the period. BNY Mellon Core Bond ETF makes up 0.8% of SevenBridge Financial Group LLC’s portfolio, making the stock its 29th biggest holding. SevenBridge Financial Group LLC owned 0.23% of BNY Mellon Core Bond ETF worth $4,486,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Key Financial Inc purchased a new stake in shares of BNY Mellon Core Bond ETF in the 2nd quarter valued at approximately $53,000. Lantern Wealth Advisors LLC purchased a new position in BNY Mellon Core Bond ETF during the 2nd quarter worth approximately $217,000. Empower Advisory Group LLC acquired a new stake in BNY Mellon Core Bond ETF during the 2nd quarter valued at $221,000. CreativeOne Wealth LLC purchased a new stake in shares of BNY Mellon Core Bond ETF in the second quarter valued at $376,000. Finally, London & Capital Asset Management Ltd acquired a new stake in shares of BNY Mellon Core Bond ETF in the second quarter worth $436,000.

BNY Mellon Core Bond ETF Trading Down 0.2%

Shares of BKAG stock opened at $42.33 on Monday. BNY Mellon Core Bond ETF has a 1-year low of $40.74 and a 1-year high of $43.07. The stock’s fifty day simple moving average is $42.64 and its 200-day simple moving average is $42.27.

BNY Mellon Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were paid a dividend of $0.2049 per share. This is a boost from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 5.8%.

BNY Mellon Core Bond ETF Profile

The BNY Mellon Core Bond ETF (BKAG) is an exchange-traded fund that is based on the Bloomberg US Aggregate Total Return index. The fund tracks a broad index of US investment-grade fixed income securities, including Treasurys, agencies, CMBS, ABS and corporates. BKAG was launched on Apr 24, 2020 and is managed by BNY Mellon.