United Advisor Group LLC Cuts Stock Holdings in BNY Mellon Core Bond ETF (NYSEARCA:BKAG)

United Advisor Group LLC cut its stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 23.0% in the third quarter, HoldingsChannel reports. The firm owned 12,074 shares of the company’s stock after selling 3,599 shares during the quarter. United Advisor Group LLC’s holdings in BNY Mellon Core Bond ETF were worth $521,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Park Place Capital Corp acquired a new stake in BNY Mellon Core Bond ETF in the 3rd quarter valued at about $63,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of BNY Mellon Core Bond ETF during the 2nd quarter worth about $256,000. Sanctuary Advisors LLC purchased a new position in shares of BNY Mellon Core Bond ETF in the 2nd quarter valued at about $533,000. Symphony Financial Ltd. Co. purchased a new position in shares of BNY Mellon Core Bond ETF in the 3rd quarter valued at about $616,000. Finally, Fifth Third Securities Inc. raised its position in shares of BNY Mellon Core Bond ETF by 168.1% during the 2nd quarter. Fifth Third Securities Inc. now owns 16,782 shares of the company’s stock worth $695,000 after acquiring an additional 10,523 shares in the last quarter.

BNY Mellon Core Bond ETF Stock Performance

BKAG stock opened at $41.89 on Wednesday. BNY Mellon Core Bond ETF has a fifty-two week low of $40.00 and a fifty-two week high of $43.51. The business has a 50 day moving average price of $42.74 and a 200 day moving average price of $42.04.

BNY Mellon Core Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be given a $0.1477 dividend. The ex-dividend date is Friday, November 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.