BNY Mellon Core Bond ETF (NYSEARCA:BKAG) Declares $0.14 Monthly Dividend

BNY Mellon Core Bond ETF (NYSEARCA:BKAG) declared a monthly dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be given a dividend of 0.1406 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 1st.

BNY Mellon Core Bond ETF Stock Up 0.1%

BKAG stock traded up $0.04 during midday trading on Wednesday, reaching $41.05. The company had a trading volume of 6,278,684 shares, compared to its average volume of 230,604. The stock has a 50 day moving average price of $41.50 and a 200-day moving average price of $41.92. BNY Mellon Core Bond ETF has a 1-year low of $40.99 and a 1-year high of $43.07.

Institutional Investors Weigh In On BNY Mellon Core Bond ETF

Several hedge funds have recently added to or reduced their stakes in BKAG. NewEdge Advisors LLC raised its position in shares of BNY Mellon Core Bond ETF by 195.8% during the first quarter. NewEdge Advisors LLC now owns 60,984 shares of the company’s stock worth $26,000 after acquiring an additional 40,369 shares during the last quarter. Kestra Advisory Services LLC bought a new position in BNY Mellon Core Bond ETF in the 4th quarter valued at $58,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of BNY Mellon Core Bond ETF by 522.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518 shares of the company’s stock valued at $64,000 after buying an additional 1,274 shares during the last quarter. Compass Financial Management LLC purchased a new position in shares of BNY Mellon Core Bond ETF during the 2nd quarter valued at $112,000. Finally, Trust Co. of Vermont bought a new position in BNY Mellon Core Bond ETF during the second quarter valued at approximately $163,000.

About BNY Mellon Core Bond ETF

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.