BNY Mellon Core Bond ETF $BKAG is Stadion Money Management LLC’s 10th Largest Position

Stadion Money Management LLC cut its position in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 21.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 789,593 shares of the company’s stock after selling 221,767 shares during the period. BNY Mellon Core Bond ETF comprises 2.7% of Stadion Money Management LLC’s portfolio, making the stock its 10th largest holding. Stadion Money Management LLC’s holdings in BNY Mellon Core Bond ETF were worth $33,465,000 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. Princeton Global Asset Management LLC purchased a new stake in shares of BNY Mellon Core Bond ETF in the fourth quarter worth $35,000. Kestra Advisory Services LLC purchased a new stake in shares of BNY Mellon Core Bond ETF in the fourth quarter worth $58,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of BNY Mellon Core Bond ETF by 522.1% in the fourth 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 in the last quarter. Lantern Wealth Advisors LLC purchased a new stake in shares of BNY Mellon Core Bond ETF in the second quarter worth $217,000. Finally, Mariner LLC purchased a new stake in shares of BNY Mellon Core Bond ETF in the fourth quarter worth $244,000.

BNY Mellon Core Bond ETF Price Performance

Shares of NYSEARCA BKAG opened at $41.96 on Wednesday. The firm has a fifty day moving average price of $41.95 and a 200-day moving average price of $42.28. BNY Mellon Core Bond ETF has a 1 year low of $41.36 and a 1 year high of $43.07.

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.