Bank of New York Mellon Corp Purchases 2,474,687 Shares of BNY Mellon Core Bond ETF $BKAG

Bank of New York Mellon Corp grew its position in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 88.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,280,228 shares of the company’s stock after buying an additional 2,474,687 shares during the period. Bank of New York Mellon Corp owned 10.63% of BNY Mellon Core Bond ETF worth $222,826,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC lifted its holdings in BNY Mellon Core Bond ETF by 7.2% during the first quarter. Sanctuary Advisors LLC now owns 20,691 shares of the company’s stock valued at $873,000 after purchasing an additional 1,390 shares during the last quarter. Stiles Financial Services Inc boosted its holdings in BNY Mellon Core Bond ETF by 6.2% in the 1st quarter. Stiles Financial Services Inc now owns 32,825 shares of the company’s stock worth $1,385,000 after buying an additional 1,909 shares during the period. GM Advisory Group LLC boosted its holdings in BNY Mellon Core Bond ETF by 5.4% in the 1st quarter. GM Advisory Group LLC now owns 615,975 shares of the company’s stock worth $25,994,000 after buying an additional 31,715 shares during the period. Merited Wealth LLC purchased a new position in BNY Mellon Core Bond ETF in the 1st quarter valued at approximately $753,000. Finally, SevenBridge Financial Group LLC grew its stake in BNY Mellon Core Bond ETF by 7.0% in the 1st quarter. SevenBridge Financial Group LLC now owns 163,114 shares of the company’s stock valued at $6,890,000 after buying an additional 10,634 shares in the last quarter.

BNY Mellon Core Bond ETF Price Performance

Shares of BKAG stock opened at $41.65 on Friday. The company’s fifty day simple moving average is $41.79 and its two-hundred day simple moving average is $42.17. BNY Mellon Core Bond ETF has a 1 year low of $41.36 and a 1 year high of $43.07.

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.