Lord & Richards Wealth Management LLC Has $10.71 Million Stake in BNY Mellon Core Bond ETF $BKAG

Lord & Richards Wealth Management LLC increased its holdings in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 6.5% in the second quarter, HoldingsChannel.com reports. The fund owned 255,358 shares of the company’s stock after acquiring an additional 15,642 shares during the period. BNY Mellon Core Bond ETF comprises about 8.4% of Lord & Richards Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Lord & Richards Wealth Management LLC’s holdings in BNY Mellon Core Bond ETF were worth $10,712,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in BKAG. Wells Fargo & Company MN increased its position in BNY Mellon Core Bond ETF by 9.0% during the 4th quarter. Wells Fargo & Company MN now owns 9,946 shares of the company’s stock valued at $422,000 after purchasing an additional 820 shares during the period. BankPlus Wealth Management LLC lifted its position in shares of BNY Mellon Core Bond ETF by 2.3% in the 4th quarter. BankPlus Wealth Management LLC now owns 38,479 shares of the company’s stock worth $1,631,000 after purchasing an additional 879 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of BNY Mellon Core Bond ETF by 8.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,935 shares of the company’s stock worth $506,000 after purchasing an additional 883 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of BNY Mellon Core Bond ETF by 522.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518 shares of the company’s stock worth $64,000 after purchasing an additional 1,274 shares during the period. Finally, Guardian Wealth Advisors LLC NC boosted its stake in shares of BNY Mellon Core Bond ETF by 1.6% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 83,553 shares of the company’s stock valued at $3,541,000 after purchasing an additional 1,315 shares in the last quarter.

BNY Mellon Core Bond ETF Stock Up 0.2%

Shares of BKAG opened at $41.12 on Friday. BNY Mellon Core Bond ETF has a 1-year low of $40.99 and a 1-year high of $43.07. The firm’s 50-day moving average price is $41.46 and its 200-day moving average price is $41.89.

BNY Mellon Core Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.146 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.3%.

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.