Brookstone Capital Management Makes New Investment in BNY Mellon Core Bond ETF (NYSEARCA:BKAG)

Brookstone Capital Management bought a new position in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) during the 3rd quarter, Holdings Channel reports. The fund bought 2,915,269 shares of the company’s stock, valued at approximately $125,794,000. BNY Mellon Core Bond ETF accounts for approximately 1.9% of Brookstone Capital Management’s portfolio, making the stock its 7th largest holding. Brookstone Capital Management owned approximately 0.07% of BNY Mellon Core Bond ETF at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Park Place Capital Corp purchased a new stake in shares of BNY Mellon Core Bond ETF in the 3rd quarter worth about $63,000. Legacy Private Trust Co. boosted its position in shares of BNY Mellon Core Bond ETF by 10.0% in the 1st 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 purchased a new stake in shares of BNY Mellon Core Bond ETF in the 2nd quarter worth about $256,000. Sanctuary Advisors LLC purchased a new stake in shares of BNY Mellon Core Bond ETF in the 2nd quarter worth about $533,000. Finally, Fifth Third Securities Inc. boosted 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 buying an additional 10,523 shares in the last quarter.

BNY Mellon Core Bond ETF Trading Up 0.1 %

BNY Mellon Core Bond ETF stock opened at $42.48 on Wednesday. BNY Mellon Core Bond ETF has a 52 week low of $39.22 and a 52 week high of $43.51. The firm’s 50-day simple moving average is $42.92 and its 200 day simple moving average is $41.92.

BNY Mellon Core Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were issued a $0.1546 dividend. This is a positive change 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 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.