Lord & Richards Wealth Management LLC Acquires 14,530 Shares of BNY Mellon Core Bond ETF $BKAG

Lord & Richards Wealth Management LLC boosted its holdings in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 6.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 227,305 shares of the company’s stock after acquiring an additional 14,530 shares during the quarter. BNY Mellon Core Bond ETF accounts for about 8.9% of Lord & Richards Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Lord & Richards Wealth Management LLC owned about 0.48% of BNY Mellon Core Bond ETF worth $9,683,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in BKAG. RPOA Advisors Inc. raised its holdings in shares of BNY Mellon Core Bond ETF by 0.9% in the 3rd quarter. RPOA Advisors Inc. now owns 25,943,647 shares of the company’s stock worth $1,105,199,000 after buying an additional 239,571 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of BNY Mellon Core Bond ETF by 6.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,901,153 shares of the company’s stock valued at $122,371,000 after purchasing an additional 186,061 shares in the last quarter. Total Investment Management Inc. boosted its position in BNY Mellon Core Bond ETF by 1.7% in the second quarter. Total Investment Management Inc. now owns 1,679,903 shares of the company’s stock valued at $70,858,000 after buying an additional 28,078 shares in the last quarter. Tanager Wealth Management LLP grew its stake in BNY Mellon Core Bond ETF by 12.2% during the third quarter. Tanager Wealth Management LLP now owns 1,199,167 shares of the company’s stock worth $51,085,000 after buying an additional 130,351 shares during the last quarter. Finally, Brookstone Capital Management grew its stake in BNY Mellon Core Bond ETF by 1.1% during the third quarter. Brookstone Capital Management now owns 975,410 shares of the company’s stock worth $41,552,000 after buying an additional 10,878 shares during the last quarter.

BNY Mellon Core Bond ETF Stock Down 0.5%

NYSEARCA BKAG opened at $42.29 on Tuesday. BNY Mellon Core Bond ETF has a 1-year low of $40.90 and a 1-year high of $43.07. The company has a 50 day moving average of $42.49 and a 200-day moving average of $42.45.

BNY Mellon Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be paid a $0.1387 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is a boost from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date is Monday, February 2nd.

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.