Principle Wealth Partners LLC Acquires 2,696,598 Shares of BNY Mellon Dynamic Value ETF $BKDV

Principle Wealth Partners LLC grew its holdings in shares of BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) by 296.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,607,616 shares of the company’s stock after purchasing an additional 2,696,598 shares during the quarter. BNY Mellon Dynamic Value ETF makes up about 6.0% of Principle Wealth Partners LLC’s portfolio, making the stock its 3rd biggest holding. Principle Wealth Partners LLC owned approximately 0.25% of BNY Mellon Dynamic Value ETF worth $95,999,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new position in shares of BNY Mellon Dynamic Value ETF during the 1st quarter valued at about $137,888,000. Crux Wealth Advisors boosted its position in shares of BNY Mellon Dynamic Value ETF by 216.7% during the 2nd quarter. Crux Wealth Advisors now owns 365,734 shares of the company’s stock valued at $9,732,000 after acquiring an additional 250,240 shares during the last quarter. StoneCrest Wealth Management Inc. boosted its position in shares of BNY Mellon Dynamic Value ETF by 318.0% during the 2nd quarter. StoneCrest Wealth Management Inc. now owns 268,115 shares of the company’s stock valued at $7,135,000 after acquiring an additional 203,967 shares during the last quarter. Trivium Point Advisory LLC acquired a new position in shares of BNY Mellon Dynamic Value ETF during the 1st quarter valued at about $2,885,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of BNY Mellon Dynamic Value ETF during the 1st quarter valued at about $1,844,000.

BNY Mellon Dynamic Value ETF Trading Down 0.5%

Shares of BKDV stock opened at $27.77 on Thursday. The company’s 50-day moving average price is $27.59 and its 200-day moving average price is $26.27. BNY Mellon Dynamic Value ETF has a twelve month low of $21.87 and a twelve month high of $28.24. The stock has a market cap of $510.41 million and a price-to-earnings ratio of 19.68.

About BNY Mellon Dynamic Value ETF

The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.