20,533,278 BNY Mellon Core Bond ETF $BKAG Shares Sold by RPOA Advisors Inc.

RPOA Advisors Inc. lowered its stake in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 99.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 195,882 shares of the company’s stock after selling 20,533,278 shares during the quarter. BNY Mellon Core Bond ETF accounts for about 0.2% of RPOA Advisors Inc.’s investment portfolio, making the stock its 7th largest holding. RPOA Advisors Inc.’s holdings in BNY Mellon Core Bond ETF were worth $7,849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Signal Advisors Wealth LLC grew its holdings in shares of BNY Mellon Core Bond ETF by 7.4% during the 3rd quarter. Signal Advisors Wealth LLC now owns 1,140,641 shares of the company’s stock worth $45,703,000 after purchasing an additional 78,172 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in BNY Mellon Core Bond ETF in the second quarter valued at about $2,039,000. CENTRAL TRUST Co raised its stake in BNY Mellon Core Bond ETF by 10.5% in the first quarter. CENTRAL TRUST Co now owns 703,812 shares of the company’s stock valued at $29,701,000 after purchasing an additional 66,738 shares in the last quarter. Lord & Richards Wealth Management LLC raised its stake in BNY Mellon Core Bond ETF by 6.5% in the second quarter. Lord & Richards Wealth Management LLC now owns 255,358 shares of the company’s stock valued at $10,712,000 after purchasing an additional 15,642 shares in the last quarter. Finally, Krilogy Financial LLC bought a new stake in BNY Mellon Core Bond ETF during the first quarter worth about $695,000.

BNY Mellon Core Bond ETF Stock Down 0.3%

BKAG opened at $40.21 on Tuesday. BNY Mellon Core Bond ETF has a twelve month low of $39.67 and a twelve month high of $43.07. The company has a 50-day simple moving average of $40.72 and a 200 day simple moving average of $41.43.

BNY Mellon Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2430 dividend. This represents a $2.92 annualized dividend and a dividend yield of 7.3%. The ex-dividend date was Thursday, October 1st. This is a boost from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.1406.

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.