Sentinel Pension Advisors LLC Reduces Holdings in BNY Mellon Core Bond ETF $BKAG

Sentinel Pension Advisors LLC decreased its stake in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 18.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,037 shares of the company’s stock after selling 14,862 shares during the period. BNY Mellon Core Bond ETF makes up 0.4% of Sentinel Pension Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Sentinel Pension Advisors LLC owned approximately 0.14% of BNY Mellon Core Bond ETF worth $2,771,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Key Financial Inc purchased a new stake in BNY Mellon Core Bond ETF in the second quarter worth about $53,000. Lantern Wealth Advisors LLC purchased a new position in shares of BNY Mellon Core Bond ETF during the 2nd quarter worth approximately $217,000. Empower Advisory Group LLC bought a new position in shares of BNY Mellon Core Bond ETF in the 2nd quarter worth approximately $221,000. BankPlus Trust Department lifted its stake in shares of BNY Mellon Core Bond ETF by 14.4% in the 3rd quarter. BankPlus Trust Department now owns 6,692 shares of the company’s stock valued at $285,000 after purchasing an additional 844 shares during the period. Finally, CreativeOne Wealth LLC purchased a new position in shares of BNY Mellon Core Bond ETF in the 2nd quarter valued at approximately $376,000.

BNY Mellon Core Bond ETF Stock Down 0.3%

Shares of BKAG stock opened at $42.38 on Friday. The business’s fifty day moving average is $42.56 and its 200 day moving average is $42.35. BNY Mellon Core Bond ETF has a twelve month low of $40.74 and a twelve month high of $43.07.

BNY Mellon Core Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 29th will be issued a dividend of $0.0934 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, December 29th.

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.