BNY Mellon Core Bond ETF (NYSEARCA:BKAG) Stock Position Lifted by Tanager Wealth Management LLP

Tanager Wealth Management LLP boosted its stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 17.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 396,690 shares of the company’s stock after buying an additional 58,092 shares during the quarter. BNY Mellon Core Bond ETF makes up about 3.1% of Tanager Wealth Management LLP’s holdings, making the stock its 9th biggest position. Tanager Wealth Management LLP owned approximately 3.57% of BNY Mellon Core Bond ETF worth $16,890,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of BKAG. Advisor Group Holdings Inc. raised its stake in shares of BNY Mellon Core Bond ETF by 21.2% during the 1st quarter. Advisor Group Holdings Inc. now owns 8,777 shares of the company’s stock worth $404,000 after purchasing an additional 1,536 shares in the last quarter. Jane Street Group LLC increased its holdings in BNY Mellon Core Bond ETF by 33.3% in the first quarter. Jane Street Group LLC now owns 60,007 shares of the company’s stock worth $2,764,000 after buying an additional 14,985 shares during the last quarter. LPL Financial LLC raised its position in BNY Mellon Core Bond ETF by 5.4% during the second quarter. LPL Financial LLC now owns 12,852 shares of the company’s stock valued at $561,000 after acquiring an additional 658 shares in the last quarter. UBS Group AG acquired a new stake in BNY Mellon Core Bond ETF in the third quarter valued at approximately $161,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in BNY Mellon Core Bond ETF in the third quarter worth approximately $249,000.

BNY Mellon Core Bond ETF Stock Performance

Shares of BKAG traded up $0.03 during mid-day trading on Friday, hitting $40.76. 50,821 shares of the company’s stock were exchanged, compared to its average volume of 134,744. BNY Mellon Core Bond ETF has a twelve month low of $39.22 and a twelve month high of $42.99. The firm has a fifty day moving average of $41.52 and a two-hundred day moving average of $41.29.

BNY Mellon Core Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.1479 per share. This is an increase from BNY Mellon Core Bond ETF’s previous dividend of $0.12. The ex-dividend date was Monday, April 1st.

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.