BNY Mellon Core Bond ETF (NYSEARCA:BKAG) Sees Unusually-High Trading Volume – Here’s What Happened

BNY Mellon Core Bond ETF (NYSEARCA:BKAGGet Free Report) saw strong trading volume on Monday . Approximately 348,686 shares changed hands during trading, an increase of 83% from the previous session’s volume of 190,310 shares.The stock last traded at $41.26 and had previously closed at $41.33.

BNY Mellon Core Bond ETF Price Performance

The stock’s 50-day moving average price is $41.53 and its 200 day moving average price is $41.94.

Institutional Trading of BNY Mellon Core Bond ETF

A number of hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its stake in BNY Mellon Core Bond ETF by 88.2% in the 1st quarter. Bank of New York Mellon Corp now owns 5,280,228 shares of the company’s stock worth $222,826,000 after purchasing an additional 2,474,687 shares in the last quarter. Total Investment Management Inc. boosted its holdings in shares of BNY Mellon Core Bond ETF by 1.4% during the 4th quarter. Total Investment Management Inc. now owns 1,705,087 shares of the company’s stock worth $72,267,000 after purchasing an additional 23,655 shares during the last quarter. Talon Private Wealth LLC purchased a new stake in shares of BNY Mellon Core Bond ETF in the first quarter valued at approximately $50,677,000. Aptus Capital Advisors LLC grew its position in shares of BNY Mellon Core Bond ETF by 13.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,084,875 shares of the company’s stock valued at $46,037,000 after purchasing an additional 126,686 shares in the last quarter. Finally, Brookstone Capital Management increased its holdings in shares of BNY Mellon Core Bond ETF by 1.2% in the first quarter. Brookstone Capital Management now owns 998,424 shares of the company’s stock valued at $42,134,000 after purchasing an additional 12,013 shares during the last quarter.

BNY Mellon Core Bond ETF Company Profile

(Get Free Report)

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.

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