BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC – Get Free Report) declared a quarterly dividend on Wednesday, September 30th. Investors of record on Thursday, October 1st will be paid a dividend of $0.1386 per share on Tuesday, October 6th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Thursday, October 1st. This is a 63.3% decrease from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.3775.
BNY Mellon US Mid Cap Core Equity ETF Trading Down 0.6%
BNY Mellon US Mid Cap Core Equity ETF stock opened at $38.59 on Thursday. BNY Mellon US Mid Cap Core Equity ETF has a 12-month low of $34.30 and a 12-month high of $42.07. The firm has a market capitalization of $623.61 million, a price-to-earnings ratio of 19.73 and a beta of 1.01. The firm has a 50 day moving average of $40.48 and a 200 day moving average of $39.63.
Institutional Trading of BNY Mellon US Mid Cap Core Equity ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in BKMC. Bank of New York Mellon Corp raised its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 7.0% during the first quarter. Bank of New York Mellon Corp now owns 550,459 shares of the company’s stock valued at $60,719,000 after buying an additional 35,792 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 6.9% in the first quarter. Cetera Investment Advisers now owns 9,554 shares of the company’s stock worth $1,054,000 after buying an additional 613 shares in the last quarter. Citadel Advisors LLC grew its holdings in BNY Mellon US Mid Cap Core Equity ETF by 53.7% during the 2nd quarter. Citadel Advisors LLC now owns 7,428 shares of the company’s stock valued at $920,000 after buying an additional 2,594 shares in the last quarter. Arlington Trust Co LLC purchased a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF during the 2nd quarter worth approximately $156,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 1.9% in the first quarter. Geneos Wealth Management Inc. now owns 69,515 shares of the company’s stock valued at $7,668,000 after purchasing an additional 1,310 shares in the last quarter.
About BNY Mellon US Mid Cap Core Equity ETF
The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.
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