BNY Mellon Core Bond ETF (NYSEARCA:BKAG) Hits New 12-Month Low – Time to Sell?

BNY Mellon Core Bond ETF (NYSEARCA:BKAG)’s stock price reached a new 52-week low on Thursday . The company traded as low as $41.27 and last traded at $41.27, with a volume of 12162 shares traded. The stock had previously closed at $41.40.

BNY Mellon Core Bond ETF Stock Up 0.1%

The stock’s fifty day moving average price is $41.75 and its 200-day moving average price is $42.13.

Institutional Trading of BNY Mellon Core Bond ETF

Several large investors have recently modified their holdings of BKAG. Stratos Wealth Partners LTD. grew its position in shares of BNY Mellon Core Bond ETF by 4.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 13,000 shares of the company’s stock valued at $551,000 after purchasing an additional 547 shares during the period. Lord & Richards Wealth Management LLC raised its position in BNY Mellon Core Bond ETF by 0.3% in the first quarter. Lord & Richards Wealth Management LLC now owns 239,716 shares of the company’s stock valued at $10,116,000 after purchasing an additional 750 shares during the period. Wells Fargo & Company MN lifted its stake in shares of BNY Mellon Core Bond ETF by 9.0% during the fourth quarter. Wells Fargo & Company MN now owns 9,946 shares of the company’s stock worth $422,000 after purchasing an additional 820 shares in the last quarter. Princeton Global Asset Management LLC purchased a new stake in shares of BNY Mellon Core Bond ETF in the fourth quarter worth about $35,000. Finally, BankPlus Wealth Management LLC grew its stake in shares of BNY Mellon Core Bond ETF by 2.3% in the fourth quarter. BankPlus Wealth Management LLC now owns 38,479 shares of the company’s stock valued at $1,631,000 after buying an additional 879 shares in the last quarter.

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.