BNY Mellon Core Bond ETF $BKAG Stake Lessened by Tanager Wealth Management LLP

Tanager Wealth Management LLP trimmed its stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG – Free Report) by 3.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 981,779 shares of the company’s stock after selling 36,917 shares during the period. BNY Mellon Core Bond ETF accounts for approximately 3.3% of Tanager Wealth Management LLP’s portfolio, making the stock its 7th biggest position. Tanager Wealth Management LLP’s holdings in BNY Mellon Core Bond ETF were worth $39,338,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BKAG. NewEdge Advisors LLC lifted its holdings in shares of BNY Mellon Core Bond ETF by 195.8% in the 1st quarter. NewEdge Advisors LLC now owns 60,984 shares of the company’s stock valued at $26,000 after purchasing an additional 40,369 shares during the last quarter. IFP Advisors Inc purchased a new stake in BNY Mellon Core Bond ETF in the second quarter valued at approximately $70,000. Compass Financial Management LLC purchased a new stake in BNY Mellon Core Bond ETF in the second quarter valued at approximately $112,000. Trust Co. of Vermont purchased a new stake in BNY Mellon Core Bond ETF in the second quarter valued at approximately $163,000. Finally, Bouchey Financial Group Ltd. acquired a new stake in shares of BNY Mellon Core Bond ETF in the second quarter valued at approximately $247,000.

BNY Mellon Core Bond ETF Stock Performance

Shares of BKAG traded down $0.14 during mid-day trading on Monday, reaching $40.21. 139,266 shares of the company’s stock were exchanged, compared to its average volume of 345,806. The business’s fifty day simple moving average is $40.74 and its 200-day simple moving average is $41.44. BNY Mellon Core Bond ETF has a 52-week low of $39.67 and a 52-week high of $43.07.

BNY Mellon Core Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.2430 per share. The ex-dividend date was Thursday, October 1st. This represents a $2.92 dividend on an annualized basis and a yield of 7.3%. This is an increase from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.1406.

About BNY Mellon Core Bond ETF

(Free Report)

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.

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