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

BNY Mellon Core Bond ETF (NYSEARCA:BKAG) was the recipient of a large growth in short interest in 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. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 138,465 shares, the short-interest ratio is currently 1.6 days.

Institutional Investors Weigh In On BNY Mellon Core Bond ETF

Several institutional investors have recently added to or reduced their stakes in BKAG. Stratos Wealth Partners LTD. boosted its holdings in shares of BNY Mellon Core Bond ETF by 4.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 13,000 shares of the company’s stock valued at $551,000 after buying an additional 547 shares during the last quarter. Lantern Wealth Advisors LLC raised its position in BNY Mellon Core Bond ETF by 13.7% during the third quarter. Lantern Wealth Advisors LLC now owns 5,861 shares of the company’s stock worth $250,000 after acquiring an additional 708 shares in the last quarter. Lord & Richards Wealth Management LLC raised its position in BNY Mellon Core Bond ETF by 0.3% during the first quarter. Lord & Richards Wealth Management LLC now owns 239,716 shares of the company’s stock worth $10,116,000 after acquiring an additional 750 shares in the last quarter. Wells Fargo & Company MN lifted its stake in BNY Mellon Core Bond ETF by 9.0% in the fourth quarter. Wells Fargo & Company MN now owns 9,946 shares of the company’s stock valued at $422,000 after acquiring an additional 820 shares during the last quarter. Finally, Princeton Global Asset Management LLC acquired a new stake in BNY Mellon Core Bond ETF in the fourth quarter valued at $35,000.

BNY Mellon Core Bond ETF Stock Performance

BKAG traded down $0.05 during trading on Friday, reaching $41.58. The company had a trading volume of 169,615 shares, compared to its average volume of 188,249. BNY Mellon Core Bond ETF has a 12 month low of $41.36 and a 12 month high of $43.07. The business’s fifty day moving average price is $41.83 and its 200 day moving average price is $42.20.

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.