BNY Mellon Core Bond ETF (NYSEARCA:BKAG) Shares Sold by Brookstone Capital Management

Brookstone Capital Management trimmed its stake in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 50.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,436,678 shares of the company’s stock after selling 1,478,591 shares during the quarter. BNY Mellon Core Bond ETF makes up 0.9% of Brookstone Capital Management’s portfolio, making the stock its 21st biggest position. Brookstone Capital Management’s holdings in BNY Mellon Core Bond ETF were worth $59,220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in BKAG. RPOA Advisors Inc. lifted its position in shares of BNY Mellon Core Bond ETF by 4.0% during the third quarter. RPOA Advisors Inc. now owns 27,895,847 shares of the company’s stock worth $1,203,706,000 after purchasing an additional 1,083,401 shares during the last quarter. Total Investment Management Inc. lifted its holdings in BNY Mellon Core Bond ETF by 2.3% during the 3rd quarter. Total Investment Management Inc. now owns 1,531,517 shares of the company’s stock worth $66,085,000 after buying an additional 34,729 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of BNY Mellon Core Bond ETF by 1.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,173,146 shares of the company’s stock worth $50,621,000 after acquiring an additional 21,214 shares in the last quarter. Tanager Wealth Management LLP increased its holdings in shares of BNY Mellon Core Bond ETF by 10.3% in the 3rd quarter. Tanager Wealth Management LLP now owns 581,070 shares of the company’s stock valued at $25,073,000 after acquiring an additional 54,155 shares during the last quarter. Finally, Glen Eagle Advisors LLC raised its position in shares of BNY Mellon Core Bond ETF by 4.0% during the 3rd quarter. Glen Eagle Advisors LLC now owns 557,655 shares of the company’s stock valued at $24,063,000 after acquiring an additional 21,323 shares in the last quarter.

BNY Mellon Core Bond ETF Stock Performance

BKAG traded down $0.06 during trading hours on Monday, hitting $40.79. 49,333 shares of the stock were exchanged, compared to its average volume of 178,665. The stock has a 50-day simple moving average of $41.65 and a 200-day simple moving average of $42.18. BNY Mellon Core Bond ETF has a 12 month low of $40.53 and a 12 month high of $43.51.

BNY Mellon Core Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.1477 dividend. The ex-dividend date of this dividend was Friday, November 1st.

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.