BNY Mellon Core Bond ETF (NYSEARCA:BKAG) Stock Short Interest Report for October

BNY Mellon Core Bond ETF (NYSEARCA:BKAG) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 427,858 shares, an increase of 169.1% from the September 30th total of 159,007 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average daily trading volume, of 384,814 shares, the short-interest ratio is currently 1.1 days.

BNY Mellon Core Bond ETF Stock Up 0.1%

NYSEARCA BKAG opened at $40.77 on Friday. The firm’s 50-day moving average is $40.58 and its two-hundred day moving average is $41.66. BNY Mellon Core Bond ETF has a 12 month low of $39.67 and a 12 month high of $43.07.

BNY Mellon Core Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.2430 dividend. This is a positive change from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.1406. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.92 dividend on an annualized basis and a dividend yield of 7.2%.

Hedge Funds Weigh In On BNY Mellon Core Bond ETF

Several large investors have recently made changes to their positions in BKAG. VestGen Advisors LLC lifted its stake in BNY Mellon Core Bond ETF by 20.8% during the 3rd quarter. VestGen Advisors LLC now owns 47,219 shares of the company’s stock worth $1,892,000 after acquiring an additional 8,125 shares in the last quarter. Park Avenue Securities LLC purchased a new position in BNY Mellon Core Bond ETF during the 3rd quarter valued at about $2,097,000. E6 Portfolios LLC boosted its holdings in BNY Mellon Core Bond ETF by 6.1% during the 3rd quarter. E6 Portfolios LLC now owns 36,492 shares of the company’s stock valued at $1,462,000 after acquiring an additional 2,090 shares during the period. Carolina Wealth Advisors LLC boosted its holdings in BNY Mellon Core Bond ETF by 6.9% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 328,092 shares of the company’s stock valued at $13,146,000 after acquiring an additional 21,098 shares during the period. Finally, Kings Path Partners LLC purchased a new stake in BNY Mellon Core Bond ETF during the third quarter worth about $31,000.

BNY Mellon Core Bond ETF Company 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.