BNY Mellon Core Bond ETF $BKAG Shares Purchased by Total Investment Management Inc.

Total Investment Management Inc. grew its position in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 1.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,679,903 shares of the company’s stock after acquiring an additional 28,078 shares during the period. BNY Mellon Core Bond ETF comprises about 10.2% of Total Investment Management Inc.’s portfolio, making the stock its 5th largest holding. Total Investment Management Inc. owned 3.59% of BNY Mellon Core Bond ETF worth $70,858,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of BKAG. Advisory Services Network LLC lifted its stake in BNY Mellon Core Bond ETF by 414.1% in the 2nd quarter. Advisory Services Network LLC now owns 36,409 shares of the company’s stock valued at $1,527,000 after purchasing an additional 29,327 shares during the last quarter. First Heartland Consultants Inc. lifted its position in shares of BNY Mellon Core Bond ETF by 0.9% in the second quarter. First Heartland Consultants Inc. now owns 186,161 shares of the company’s stock valued at $7,852,000 after buying an additional 1,730 shares during the last quarter. Equitable Holdings Inc. boosted its stake in shares of BNY Mellon Core Bond ETF by 133.4% during the 2nd quarter. Equitable Holdings Inc. now owns 122,184 shares of the company’s stock worth $5,154,000 after acquiring an additional 69,841 shares during the period. Lantern Wealth Advisors LLC acquired a new position in shares of BNY Mellon Core Bond ETF during the 2nd quarter worth approximately $217,000. Finally, Raymond James Financial Inc. increased its holdings in shares of BNY Mellon Core Bond ETF by 16.4% during the 2nd quarter. Raymond James Financial Inc. now owns 20,850 shares of the company’s stock worth $879,000 after acquiring an additional 2,939 shares during the last quarter.

BNY Mellon Core Bond ETF Stock Down 0.2%

Shares of BNY Mellon Core Bond ETF stock opened at $42.33 on Friday. The business has a fifty day simple moving average of $42.64 and a two-hundred day simple moving average of $42.26. BNY Mellon Core Bond ETF has a 1 year low of $40.74 and a 1 year high of $43.07.

BNY Mellon Core Bond ETF Increases Dividend

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

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.