BNY Mellon Core Bond ETF (NYSEARCA:BKAG – Get Free Report) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 33,197 shares, a decrease of 48.4% from the August 15th total of 64,321 shares. Based on an average daily trading volume, of 156,701 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.
Institutional Investors Weigh In On BNY Mellon Core Bond ETF
Several hedge funds have recently made changes to their positions in BKAG. Talon Private Wealth LLC grew its holdings in BNY Mellon Core Bond ETF by 2.0% during the 2nd quarter. Talon Private Wealth LLC now owns 1,225,426 shares of the company’s stock worth $51,407,000 after acquiring an additional 24,561 shares in the last quarter. Bouchey Financial Group Ltd. bought a new stake in BNY Mellon Core Bond ETF during the second quarter valued at about $247,000. Integrated Wealth Concepts LLC grew its stake in BNY Mellon Core Bond ETF by 4.3% in the second quarter. Integrated Wealth Concepts LLC now owns 900,167 shares of the company’s stock valued at $37,762,000 after purchasing an additional 37,376 shares during the last quarter. NewEdge Advisors LLC grew its stake in BNY Mellon Core Bond ETF by 6.8% in the second quarter. NewEdge Advisors LLC now owns 65,159 shares of the company’s stock valued at $2,733,000 after purchasing an additional 4,175 shares during the last quarter. Finally, IFP Advisors Inc bought a new position in BNY Mellon Core Bond ETF in the second quarter worth about $70,000.
BNY Mellon Core Bond ETF Price Performance
Shares of NYSEARCA:BKAG opened at $40.60 on Thursday. The firm has a fifty day simple moving average of $41.28 and a two-hundred day simple moving average of $41.76. BNY Mellon Core Bond ETF has a 52 week low of $40.58 and a 52 week high of $43.07.
BNY Mellon Core Bond ETF Cuts Dividend
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.
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