GM Advisory Group LLC Increases Holdings in BNY Mellon Core Bond ETF (NYSEARCA:BKAG)

GM Advisory Group LLC boosted its stake in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 148.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 326,600 shares of the company’s stock after buying an additional 194,921 shares during the period. BNY Mellon Core Bond ETF accounts for 0.8% of GM Advisory Group LLC’s investment portfolio, making the stock its 28th largest position. GM Advisory Group LLC’s holdings in BNY Mellon Core Bond ETF were worth $14,093,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Park Place Capital Corp purchased a new stake in shares of BNY Mellon Core Bond ETF during the 3rd quarter valued at approximately $63,000. Mercer Global Advisors Inc. ADV purchased a new stake in BNY Mellon Core Bond ETF in the second quarter valued at $256,000. Advisor Resource Council purchased a new stake in BNY Mellon Core Bond ETF in the third quarter valued at $266,000. BIP Wealth LLC acquired a new position in shares of BNY Mellon Core Bond ETF in the 3rd quarter valued at $385,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of BNY Mellon Core Bond ETF during the 2nd quarter worth $533,000.

BNY Mellon Core Bond ETF Stock Performance

Shares of BKAG opened at $41.61 on Friday. The company’s 50-day moving average price is $42.40 and its 200 day moving average price is $42.10. BNY Mellon Core Bond ETF has a 12-month low of $40.53 and a 12-month high of $43.51.

BNY Mellon Core Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.1477 dividend. The ex-dividend date was Friday, November 1st.

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.