BIP Wealth LLC Takes $385,000 Position in BNY Mellon Core Bond ETF (NYSEARCA:BKAG)

BIP Wealth LLC acquired a new position in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,928 shares of the company’s stock, valued at approximately $385,000.

A number of other institutional investors have also recently added to or reduced their stakes in BKAG. Sanctuary Advisors LLC purchased a new stake in BNY Mellon Core Bond ETF during the second quarter worth $533,000. GM Advisory Group LLC purchased a new stake in shares of BNY Mellon Core Bond ETF in the 2nd quarter worth about $5,454,000. Maripau Wealth Management LLC grew its stake in BNY Mellon Core Bond ETF by 143.4% in the 3rd quarter. Maripau Wealth Management LLC now owns 41,806 shares of the company’s stock valued at $1,804,000 after acquiring an additional 24,627 shares during the last quarter. Total Investment Management Inc. increased its holdings in BNY Mellon Core Bond ETF by 0.8% during the 2nd quarter. Total Investment Management Inc. now owns 1,496,788 shares of the company’s stock valued at $61,997,000 after acquiring an additional 12,316 shares in the last quarter. Finally, Second Line Capital LLC raised its position in BNY Mellon Core Bond ETF by 10.5% during the second quarter. Second Line Capital LLC now owns 87,165 shares of the company’s stock worth $3,610,000 after acquiring an additional 8,298 shares during the last quarter.

BNY Mellon Core Bond ETF Stock Up 0.2 %

Shares of NYSEARCA BKAG opened at $41.69 on Wednesday. The firm’s 50-day moving average is $42.46 and its two-hundred day moving average is $42.11. BNY Mellon Core Bond ETF has a 12-month low of $40.53 and a 12-month high of $43.51.

BNY Mellon Core Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.1477 dividend. The ex-dividend date was Friday, November 1st.

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.