BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $49.09 and traded as high as $49.26. BNY Mellon US Large Cap Core Equity ETF shares last traded at $49.19, with a volume of 174,149 shares trading hands.
BNY Mellon US Large Cap Core Equity ETF Trading Up 0.6%
The business has a 50 day simple moving average of $49.09 and a two-hundred day simple moving average of $46.47. The stock has a market cap of $6.93 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02.
BNY Mellon US Large Cap Core Equity ETF Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.1260 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend 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.
Hedge Funds Weigh In On BNY Mellon US Large Cap Core Equity ETF
Several institutional investors and hedge funds have recently made changes to their positions in BKLC. Vaquero Private Wealth Ltd. increased its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 182.6% in the 3rd quarter. Vaquero Private Wealth Ltd. now owns 357,005 shares of the company’s stock valued at $17,443,000 after acquiring an additional 230,666 shares during the last quarter. Balance Wealth Partners LLC acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF during the 3rd quarter valued at approximately $156,000. Penobscot Investment Management Company Inc. raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 200.0% during the 3rd quarter. Penobscot Investment Management Company Inc. now owns 14,247 shares of the company’s stock valued at $696,000 after acquiring an additional 9,498 shares in the last quarter. Park Avenue Securities LLC bought a new position in BNY Mellon US Large Cap Core Equity ETF during the third quarter worth $6,351,000. Finally, E6 Portfolios LLC lifted its stake in BNY Mellon US Large Cap Core Equity ETF by 204.0% during the third quarter. E6 Portfolios LLC now owns 15,649 shares of the company’s stock worth $765,000 after purchasing an additional 10,501 shares during the last quarter.
BNY Mellon US Large Cap Core Equity ETF Company Profile
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.
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