Carolina Wealth Advisors LLC Purchases New Shares in BNY Mellon Core Bond ETF $BKAG

Carolina Wealth Advisors LLC purchased a new position in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) in the second quarter, HoldingsChannel.com reports. The firm purchased 15,755 shares of the company’s stock, valued at approximately $665,000.

Other institutional investors also recently bought and sold shares of the company. Cetera Investment Advisers boosted its stake in shares of BNY Mellon Core Bond ETF by 5.5% during the first quarter. Cetera Investment Advisers now owns 58,629 shares of the company’s stock worth $2,470,000 after buying an additional 3,074 shares during the period. OLD Mission Capital LLC raised its stake in BNY Mellon Core Bond ETF by 187.1% during the 1st quarter. OLD Mission Capital LLC now owns 63,743 shares of the company’s stock valued at $2,685,000 after acquiring an additional 41,544 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in BNY Mellon Core Bond ETF by 34.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 104,775 shares of the company’s stock worth $4,414,000 after acquiring an additional 27,059 shares during the period. Advisor Resource Council purchased a new position in shares of BNY Mellon Core Bond ETF in the 1st quarter valued at approximately $428,000. Finally, LPL Financial LLC increased its holdings in shares of BNY Mellon Core Bond ETF by 2.8% in the first quarter. LPL Financial LLC now owns 164,465 shares of the company’s stock valued at $6,929,000 after purchasing an additional 4,469 shares during the period.

BNY Mellon Core Bond ETF Stock Performance

BNY Mellon Core Bond ETF stock opened at $42.54 on Friday. The business has a 50 day simple moving average of $42.33 and a 200-day simple moving average of $41.93. BNY Mellon Core Bond ETF has a 12 month low of $40.74 and a 12 month high of $42.97.

BNY Mellon Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a $0.156 dividend. This is a boost from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.4%.

BNY Mellon Core Bond ETF 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.