Royal Bank of Canada Boosts Stock Position in BNY Mellon Core Bond ETF $BKAG

Royal Bank of Canada lifted its holdings in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 172,097.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 471,820 shares of the company’s stock after purchasing an additional 471,546 shares during the quarter. Royal Bank of Canada owned 0.95% of BNY Mellon Core Bond ETF worth $19,911,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of BKAG. Stratos Wealth Partners LTD. grew its stake in BNY Mellon Core Bond ETF by 4.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 13,000 shares of the company’s stock worth $551,000 after buying an additional 547 shares in the last quarter. Lord & Richards Wealth Management LLC lifted its holdings in shares of BNY Mellon Core Bond ETF by 0.3% during the 1st quarter. Lord & Richards Wealth Management LLC now owns 239,716 shares of the company’s stock worth $10,116,000 after acquiring an additional 750 shares during the last quarter. Wells Fargo & Company MN grew its position in BNY Mellon Core Bond ETF by 9.0% in the fourth quarter. Wells Fargo & Company MN now owns 9,946 shares of the company’s stock worth $422,000 after acquiring an additional 820 shares in the last quarter. BankPlus Wealth Management LLC grew its position in 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 worth $1,631,000 after acquiring an additional 879 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in BNY Mellon Core Bond ETF by 8.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,935 shares of the company’s stock worth $506,000 after acquiring an additional 883 shares in the last quarter.

BNY Mellon Core Bond ETF Price Performance

BKAG opened at $41.41 on Thursday. The business’s fifty day simple moving average is $41.70 and its 200 day simple moving average is $42.07. BNY Mellon Core Bond ETF has a 52 week low of $41.18 and a 52 week high of $43.07.

BNY Mellon Core Bond ETF 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.