Citadel Advisors LLC Takes $2.16 Million Position in BNY Mellon Core Bond ETF $BKAG

Citadel Advisors LLC purchased a new position in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 51,467 shares of the company’s stock, valued at approximately $2,159,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its stake in shares of BNY Mellon Core Bond ETF by 88.2% in the first quarter. Bank of New York Mellon Corp now owns 5,280,228 shares of the company’s stock worth $222,826,000 after acquiring an additional 2,474,687 shares during the last quarter. Talon Private Wealth LLC acquired a new stake in shares of BNY Mellon Core Bond ETF in the first quarter valued at approximately $50,677,000. Aptus Capital Advisors LLC increased its holdings in shares of BNY Mellon Core Bond ETF by 13.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,084,875 shares of the company’s stock valued at $46,037,000 after purchasing an additional 126,686 shares in the last quarter. Brookstone Capital Management raised its position in BNY Mellon Core Bond ETF by 1.2% in the 1st quarter. Brookstone Capital Management now owns 998,424 shares of the company’s stock worth $42,134,000 after purchasing an additional 12,013 shares during the last quarter. Finally, Signal Advisors Wealth LLC raised its position in BNY Mellon Core Bond ETF by 10.3% in the 1st quarter. Signal Advisors Wealth LLC now owns 827,487 shares of the company’s stock worth $34,920,000 after purchasing an additional 77,180 shares during the last quarter.

BNY Mellon Core Bond ETF Stock Down 0.1%

NYSEARCA:BKAG opened at $41.06 on Wednesday. The stock’s fifty day moving average price is $41.40 and its two-hundred day moving average price is $41.86. BNY Mellon Core Bond ETF has a 52-week low of $40.99 and a 52-week high of $43.07.

BNY Mellon Core Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a $0.146 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.3%.

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.