BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Hits New 12-Month High – Should You Buy?

Shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC – Get Free Report) reached a new 52-week high on Tuesday. The stock traded as high as $49.95 and last traded at $49.83, with a volume of 48855 shares traded. The stock had previously closed at $49.58.

BNY Mellon US Large Cap Core Equity ETF Price Performance

The company has a market capitalization of $5.91 billion, a PE ratio of 25.44 and a beta of 1.02. The company’s 50 day simple moving average is $49.03 and its 200 day simple moving average is $47.18.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.1260 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, October 1st. This is a negative change from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.3828.

Institutional Investors Weigh In On BNY Mellon US Large Cap Core Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC lifted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 9.9% in the 1st quarter. Kestra Advisory Services LLC now owns 148,706 shares of the company’s stock valued at $18,560,000 after purchasing an additional 13,357 shares during the last quarter. Krilogy Financial LLC boosted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 327.5% in the first quarter. Krilogy Financial LLC now owns 7,263 shares of the company’s stock valued at $975,000 after acquiring an additional 5,564 shares during the period. Optiver Holding B.V. purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the first quarter worth approximately $2,621,000. Aptus Capital Advisors LLC grew its position in shares of BNY Mellon US Large Cap Core Equity ETF by 5.1% during the fourth quarter. Aptus Capital Advisors LLC now owns 207,657 shares of the company’s stock worth $27,162,000 after acquiring an additional 10,140 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 1.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 2,945,201 shares of the company’s stock valued at $422,312,000 after acquiring an additional 55,455 shares during the period.

BNY Mellon US Large Cap Core Equity ETF Company Profile

(Get Free Report)

The BNY Mellon US Large Cap Core Equity ETF (BKLC) is an exchange-traded fund that is based on the Morningstar U.S. Large Cap index, a market-cap-weighted index of large-cap stocks that represent the top 70% of the US equity market, in terms of capitalization. BKLC was launched on Apr 9, 2020 and is managed by BNY Mellon.

See Also

Receive News & Ratings for BNY Mellon US Large Cap Core Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon US Large Cap Core Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.