Envestnet Asset Management Inc. Sells 27,666 Shares of BNY Mellon Core Bond ETF $BKAG

Envestnet Asset Management Inc. decreased its stake in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 26.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,109 shares of the company’s stock after selling 27,666 shares during the period. Envestnet Asset Management Inc. owned about 0.16% of BNY Mellon Core Bond ETF worth $3,252,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brookstone Capital Management grew its position in BNY Mellon Core Bond ETF by 1.4% in the 2nd quarter. Brookstone Capital Management now owns 964,532 shares of the company’s stock worth $40,684,000 after purchasing an additional 13,651 shares during the period. Crux Wealth Advisors boosted its stake in shares of BNY Mellon Core Bond ETF by 120.4% in the 2nd quarter. Crux Wealth Advisors now owns 284,055 shares of the company’s stock worth $11,981,000 after buying an additional 155,147 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of BNY Mellon Core Bond ETF by 52.9% in the second quarter. Stratos Wealth Partners LTD. now owns 10,708 shares of the company’s stock worth $452,000 after acquiring an additional 3,703 shares during the period. Carolina Wealth Advisors LLC purchased a new stake in BNY Mellon Core Bond ETF during the second quarter valued at $665,000. Finally, Tanager Wealth Management LLP increased its position in BNY Mellon Core Bond ETF by 4.1% during the second quarter. Tanager Wealth Management LLP now owns 1,068,816 shares of the company’s stock valued at $45,083,000 after acquiring an additional 41,755 shares during the last quarter.

BNY Mellon Core Bond ETF Price Performance

BKAG stock opened at $42.45 on Friday. BNY Mellon Core Bond ETF has a fifty-two week low of $40.74 and a fifty-two week high of $43.07. The business’s 50-day moving average is $42.68 and its two-hundred day moving average is $42.12.

BNY Mellon Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a $0.1487 dividend. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.