Lord & Richards Wealth Management LLC Has $9.68 Million Stake in BNY Mellon Core Bond ETF $BKAG

Lord & Richards Wealth Management LLC grew its position in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 6.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 227,305 shares of the company’s stock after acquiring an additional 14,530 shares during the period. BNY Mellon Core Bond ETF comprises approximately 8.9% of Lord & Richards Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Lord & Richards Wealth Management LLC’s holdings in BNY Mellon Core Bond ETF were worth $9,683,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Carolina Wealth Advisors LLC raised its position in shares of BNY Mellon Core Bond ETF by 1,870.3% during the third quarter. Carolina Wealth Advisors LLC now owns 310,417 shares of the company’s stock worth $13,224,000 after purchasing an additional 294,662 shares during the period. RPOA Advisors Inc. grew its position in shares of BNY Mellon Core Bond ETF by 0.9% in the 3rd quarter. RPOA Advisors Inc. now owns 25,943,647 shares of the company’s stock valued at $1,105,199,000 after purchasing an additional 239,571 shares during the period. Bank of New York Mellon Corp increased its stake in BNY Mellon Core Bond ETF by 6.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,901,153 shares of the company’s stock worth $122,371,000 after purchasing an additional 186,061 shares in the last quarter. Crux Wealth Advisors increased its stake in BNY Mellon Core Bond ETF by 120.4% during the 2nd quarter. Crux Wealth Advisors now owns 284,055 shares of the company’s stock worth $11,981,000 after purchasing an additional 155,147 shares in the last quarter. Finally, Tanager Wealth Management LLP raised its holdings in BNY Mellon Core Bond ETF by 12.2% during the 3rd quarter. Tanager Wealth Management LLP now owns 1,199,167 shares of the company’s stock worth $51,085,000 after buying an additional 130,351 shares during the period.

BNY Mellon Core Bond ETF Price Performance

Shares of BKAG stock opened at $42.29 on Tuesday. The firm has a fifty day moving average of $42.49 and a 200-day moving average of $42.45. BNY Mellon Core Bond ETF has a 12-month low of $40.90 and a 12-month high of $43.07.

BNY Mellon Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.1387 per share. This is a boost from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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.