BNY Mellon Core Bond ETF (NYSEARCA:BKAG) Increases Dividend to $0.24 Per Share

BNY Mellon Core Bond ETF (NYSEARCA:BKAG) declared a monthly dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.2430 per share on Tuesday, October 6th. This represents a $2.92 annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Thursday, October 1st. This is a 72.8% increase from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.1406.

BNY Mellon Core Bond ETF Price Performance

NYSEARCA BKAG opened at $40.07 on Thursday. The business has a 50 day simple moving average of $41.06 and a 200 day simple moving average of $41.61. BNY Mellon Core Bond ETF has a 52-week low of $39.99 and a 52-week high of $43.07.

Institutional Investors Weigh In On BNY Mellon Core Bond ETF

Several large investors have recently made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. lifted its position in BNY Mellon Core Bond ETF by 30.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 24,166 shares of the company’s stock valued at $1,014,000 after acquiring an additional 5,650 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in BNY Mellon Core Bond ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 104,107 shares of the company’s stock worth $4,367,000 after purchasing an additional 2,171 shares in the last quarter. Talon Private Wealth LLC raised its stake in shares of BNY Mellon Core Bond ETF by 2.0% in the 2nd quarter. Talon Private Wealth LLC now owns 1,225,426 shares of the company’s stock valued at $51,407,000 after purchasing an additional 24,561 shares during the period. Bouchey Financial Group Ltd. acquired a new stake in shares of BNY Mellon Core Bond ETF in the 2nd quarter valued at about $247,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of BNY Mellon Core Bond ETF by 4.3% in the second quarter. Integrated Wealth Concepts LLC now owns 900,167 shares of the company’s stock valued at $37,762,000 after purchasing an additional 37,376 shares in the last quarter.

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.