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

BNY Mellon Core Bond ETF (NYSEARCA:BKAG) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 221,927 shares, a growth of 690.6% from the June 15th total of 28,070 shares. Based on an average trading volume of 138,465 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.4% of the company’s shares are sold short.

BNY Mellon Core Bond ETF Stock Down 0.1%

NYSEARCA BKAG traded down $0.05 during trading on Friday, reaching $41.58. 169,615 shares of the stock traded hands, compared to its average volume of 188,249. BNY Mellon Core Bond ETF has a fifty-two week low of $41.36 and a fifty-two week high of $43.07. The stock’s 50-day moving average price is $41.83 and its 200 day moving average price is $42.20.

Institutional Trading of BNY Mellon Core Bond ETF

Large investors have recently made changes to their positions in the company. Bank of New York Mellon Corp raised its stake in 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 buying an additional 2,474,687 shares during the period. Total Investment Management Inc. increased its holdings in shares of BNY Mellon Core Bond ETF by 1.4% in the fourth quarter. Total Investment Management Inc. now owns 1,705,087 shares of the company’s stock worth $72,267,000 after acquiring an additional 23,655 shares in the last quarter. Tanager Wealth Management LLP increased its holdings in shares of BNY Mellon Core Bond ETF by 4.8% in the fourth quarter. Tanager Wealth Management LLP now owns 1,256,294 shares of the company’s stock worth $53,266,000 after acquiring an additional 57,127 shares in the last quarter. Talon Private Wealth LLC acquired a new stake in shares of BNY Mellon Core Bond ETF during the first quarter worth about $50,677,000. Finally, Aptus Capital Advisors LLC raised its position in shares of BNY Mellon Core Bond ETF by 13.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 1,084,875 shares of the company’s stock worth $46,037,000 after purchasing an additional 126,686 shares during the period.

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.