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

BNY Mellon Core Bond ETF (NYSEARCA:BKAG) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 40,082 shares, a decrease of 81.9% from the June 30th total of 221,927 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 113,292 shares, the short-interest ratio is presently 0.4 days.

BNY Mellon Core Bond ETF Stock Up 0.1%

Shares of BKAG traded up $0.03 during trading hours on Friday, reaching $41.32. The stock had a trading volume of 213,752 shares, compared to its average volume of 187,858. BNY Mellon Core Bond ETF has a 12 month low of $41.24 and a 12 month high of $43.07. The company’s 50-day moving average is $41.75 and its two-hundred day moving average is $42.13.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp raised its stake in shares of BNY Mellon Core Bond ETF by 88.2% during the 1st quarter. Bank of New York Mellon Corp now owns 5,280,228 shares of the company’s stock worth $222,826,000 after purchasing an additional 2,474,687 shares during the period. Talon Private Wealth LLC bought a new stake in BNY Mellon Core Bond ETF in the first quarter worth about $50,677,000. Royal Bank of Canada boosted its stake in BNY Mellon Core Bond ETF by 172,097.1% in the first quarter. Royal Bank of Canada now owns 471,820 shares of the company’s stock valued at $19,911,000 after acquiring an additional 471,546 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in BNY Mellon Core Bond ETF by 13.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,084,875 shares of the company’s stock valued at $46,037,000 after acquiring an additional 126,686 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of BNY Mellon Core Bond ETF during the 4th quarter valued at approximately $4,006,000.

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.