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

BNY Mellon Core Bond ETF (NYSEARCA:BKAG) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 40,082 shares, a decline of 81.9% from the June 30th total of 221,927 shares. Based on an average daily volume of 113,292 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On BNY Mellon Core Bond ETF

Several hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp increased its holdings in BNY Mellon Core Bond ETF by 88.2% during the 1st quarter. Bank of New York Mellon Corp now owns 5,280,228 shares of the company’s stock worth $222,826,000 after acquiring an additional 2,474,687 shares during the period. Total Investment Management Inc. boosted its holdings in BNY Mellon Core Bond ETF by 1.4% in the 4th quarter. Total Investment Management Inc. now owns 1,705,087 shares of the company’s stock valued at $72,267,000 after purchasing an additional 23,655 shares during the period. Tanager Wealth Management LLP boosted its holdings in BNY Mellon Core Bond ETF by 4.8% in the 4th quarter. Tanager Wealth Management LLP now owns 1,256,294 shares of the company’s stock valued at $53,266,000 after purchasing an additional 57,127 shares during the period. Talon Private Wealth LLC purchased a new position in shares of BNY Mellon Core Bond ETF during the 1st quarter valued at $50,677,000. Finally, Aptus Capital Advisors LLC grew its position in shares of BNY Mellon Core Bond ETF by 13.2% during the 4th quarter. Aptus Capital Advisors LLC now owns 1,084,875 shares of the company’s stock valued at $46,037,000 after purchasing an additional 126,686 shares in the last quarter.

BNY Mellon Core Bond ETF Stock Up 0.1%

NYSEARCA BKAG traded up $0.03 during trading hours on Friday, hitting $41.32. The company had a trading volume of 213,752 shares, compared to its average volume of 187,858. BNY Mellon Core Bond ETF has a 52 week low of $41.24 and a 52 week high of $43.07. The firm has a 50 day simple moving average of $41.75 and a 200 day simple moving average of $42.13.

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.