RPOA Advisors Inc. Acquires 239,571 Shares of BNY Mellon Core Bond ETF $BKAG

RPOA Advisors Inc. grew its holdings in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,943,647 shares of the company’s stock after purchasing an additional 239,571 shares during the quarter. BNY Mellon Core Bond ETF comprises about 28.1% of RPOA Advisors Inc.’s investment portfolio, making the stock its 2nd biggest position. RPOA Advisors Inc. owned approximately 0.55% of BNY Mellon Core Bond ETF worth $1,105,199,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Key Financial Inc bought a new position in BNY Mellon Core Bond ETF during the second quarter valued at about $53,000. Lantern Wealth Advisors LLC acquired a new position in shares of BNY Mellon Core Bond ETF during the 2nd quarter valued at about $217,000. Empower Advisory Group LLC bought a new position in shares of BNY Mellon Core Bond ETF in the 2nd quarter valued at approximately $221,000. CreativeOne Wealth LLC bought a new position in shares of BNY Mellon Core Bond ETF in the 2nd quarter valued at approximately $376,000. Finally, London & Capital Asset Management Ltd acquired a new stake in BNY Mellon Core Bond ETF in the 2nd quarter worth approximately $436,000.

BNY Mellon Core Bond ETF Trading Up 0.2%

Shares of BKAG stock opened at $42.44 on Wednesday. BNY Mellon Core Bond ETF has a 12 month low of $40.74 and a 12 month high of $43.07. The business’s 50 day moving average is $42.64 and its two-hundred day moving average is $42.28.

BNY Mellon Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were issued a $0.2049 dividend. This is a boost from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, December 1st. This represents a c) annualized dividend and a yield of 5.8%.

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.