Signal Advisors Wealth LLC Grows Position in BNY Mellon Core Bond ETF $BKAG

Signal Advisors Wealth LLC raised its stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 22.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 656,762 shares of the company’s stock after acquiring an additional 120,314 shares during the period. BNY Mellon Core Bond ETF makes up 2.5% of Signal Advisors Wealth LLC’s portfolio, making the stock its 4th biggest position. Signal Advisors Wealth LLC owned approximately 1.40% of BNY Mellon Core Bond ETF worth $27,978,000 as of its most recent filing with the Securities and Exchange Commission.

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

BNY Mellon Core Bond ETF Stock Performance

Shares of NYSEARCA BKAG opened at $42.45 on Friday. BNY Mellon Core Bond ETF has a twelve month low of $40.74 and a twelve month high of $43.07. The company has a 50 day moving average of $42.63 and a 200 day moving average of $42.29.

BNY Mellon Core Bond ETF Increases Dividend

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

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.