BNY Mellon Core Bond ETF (NYSEARCA:BKAG) Short Interest Update

BNY Mellon Core Bond ETF (NYSEARCA:BKAG) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 38,588 shares, a drop of 89.1% from the April 15th total of 353,273 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 106,683 shares, the short-interest ratio is currently 0.4 days.

BNY Mellon Core Bond ETF Stock Performance

NYSEARCA BKAG traded down $0.11 on Tuesday, hitting $41.84. 56,680 shares of the company’s stock traded hands, compared to its average volume of 209,160. BNY Mellon Core Bond ETF has a 1-year low of $41.12 and a 1-year high of $43.07. The firm’s 50-day moving average price is $42.20 and its two-hundred day moving average price is $42.45.

BNY Mellon Core Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1379 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, March 2nd.

Institutional Trading of BNY Mellon Core Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Atlantic Union Bankshares Corp acquired a new stake in BNY Mellon Core Bond ETF during the 3rd quarter valued at approximately $28,000. Princeton Global Asset Management LLC acquired a new stake in BNY Mellon Core Bond ETF during the 4th quarter valued at approximately $35,000. Kestra Advisory Services LLC acquired a new stake in BNY Mellon Core Bond ETF during the 4th quarter valued at approximately $58,000. Northwestern Mutual Wealth Management Co. lifted its stake in BNY Mellon Core Bond ETF by 522.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518 shares of the company’s stock valued at $64,000 after acquiring an additional 1,274 shares during the period. Finally, Lantern Wealth Advisors LLC acquired a new stake in BNY Mellon Core Bond ETF during the 2nd quarter valued at approximately $217,000.

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.