Integrated Wealth Concepts LLC Acquires 37,376 Shares of BNY Mellon Core Bond ETF $BKAG

Integrated Wealth Concepts LLC grew its stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 4.3% during the second quarter, HoldingsChannel reports. The firm owned 900,167 shares of the company’s stock after buying an additional 37,376 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in BNY Mellon Core Bond ETF were worth $37,762,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BKAG. Raymond James Financial Inc. grew its stake in shares of BNY Mellon Core Bond ETF by 16.4% in the second quarter. Raymond James Financial Inc. now owns 20,850 shares of the company’s stock worth $879,000 after purchasing an additional 2,939 shares during the last quarter. Lantern Wealth Advisors LLC bought a new stake in BNY Mellon Core Bond ETF in the second quarter valued at $217,000. Equitable Holdings Inc. raised its stake in BNY Mellon Core Bond ETF by 133.4% during the 2nd quarter. Equitable Holdings Inc. now owns 122,184 shares of the company’s stock worth $5,154,000 after buying an additional 69,841 shares during the period. First Heartland Consultants Inc. raised its position in shares of BNY Mellon Core Bond ETF by 0.9% during the second quarter. First Heartland Consultants Inc. now owns 186,161 shares of the company’s stock worth $7,852,000 after purchasing an additional 1,730 shares during the period. Finally, Advisory Services Network LLC lifted its stake in shares of BNY Mellon Core Bond ETF by 414.1% in the second quarter. Advisory Services Network LLC now owns 36,409 shares of the company’s stock valued at $1,527,000 after buying an additional 29,327 shares in the last quarter.

BNY Mellon Core Bond ETF Price Performance

BKAG opened at $41.06 on Wednesday. BNY Mellon Core Bond ETF has a fifty-two week low of $40.99 and a fifty-two week high of $43.07. The company’s 50-day moving average is $41.40 and its 200 day moving average is $41.86.

BNY Mellon Core Bond ETF Cuts Dividend

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

BNY Mellon Core Bond ETF 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.