Savvy Advisors Inc. Invests $1.42 Million in BNY Mellon Core Bond ETF $BKAG

Savvy Advisors Inc. purchased a new position in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 33,492 shares of the company’s stock, valued at approximately $1,419,000. Savvy Advisors Inc. owned 0.07% of BNY Mellon Core Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new stake in shares of BNY Mellon Core Bond ETF during the 3rd quarter worth approximately $28,000. Lantern Wealth Advisors LLC acquired a new stake in shares of BNY Mellon Core Bond ETF during the 2nd quarter worth approximately $217,000. BankPlus Trust Department raised its position in shares of BNY Mellon Core Bond ETF by 14.4% during the 3rd quarter. BankPlus Trust Department now owns 6,692 shares of the company’s stock worth $285,000 after purchasing an additional 844 shares during the period. Fisher Asset Management LLC acquired a new stake in shares of BNY Mellon Core Bond ETF during the 3rd quarter worth approximately $307,000. Finally, London & Capital Asset Management Ltd acquired a new stake in shares of BNY Mellon Core Bond ETF during the 2nd quarter worth approximately $436,000.

BNY Mellon Core Bond ETF Trading Down 0.1%

Shares of BNY Mellon Core Bond ETF stock opened at $42.02 on Tuesday. The business’s 50 day simple moving average is $42.44 and its 200-day simple moving average is $42.53. BNY Mellon Core Bond ETF has a twelve month low of $40.90 and a twelve month high of $43.07.

BNY Mellon Core Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.1379 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, March 2nd.

BNY Mellon Core Bond ETF 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.