GM Advisory Group LLC Purchases New Holdings in BNY Mellon Core Bond ETF (NYSEARCA:BKAG)

GM Advisory Group LLC acquired a new stake in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 131,679 shares of the company’s stock, valued at approximately $5,454,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BKAG. Legacy Private Trust Co. grew its position in shares of BNY Mellon Core Bond ETF by 10.0% during the first quarter. Legacy Private Trust Co. now owns 5,528 shares of the company’s stock worth $231,000 after buying an additional 503 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in shares of BNY Mellon Core Bond ETF in the 2nd quarter worth about $256,000. Fifth Third Securities Inc. increased its position in shares of BNY Mellon Core Bond ETF by 168.1% in the 2nd quarter. Fifth Third Securities Inc. now owns 16,782 shares of the company’s stock worth $695,000 after purchasing an additional 10,523 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of BNY Mellon Core Bond ETF by 31.3% in the 4th quarter. Advisory Services Network LLC now owns 68,420 shares of the company’s stock valued at $2,907,000 after purchasing an additional 16,300 shares in the last quarter. Finally, Second Line Capital LLC lifted its position in shares of BNY Mellon Core Bond ETF by 10.8% during the first quarter. Second Line Capital LLC now owns 78,867 shares of the company’s stock worth $3,302,000 after purchasing an additional 7,671 shares during the last quarter.

BNY Mellon Core Bond ETF Price Performance

Shares of BNY Mellon Core Bond ETF stock opened at $43.34 on Friday. The business has a 50-day moving average price of $42.60 and a 200 day moving average price of $41.79. BNY Mellon Core Bond ETF has a fifty-two week low of $39.22 and a fifty-two week high of $43.51.

BNY Mellon Core Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were issued a $0.1546 dividend. This is an increase from BNY Mellon Core Bond ETF’s previous dividend of $0.14. The ex-dividend date was Thursday, August 1st.

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.