BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Hits New 1-Year High – Here’s Why

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $124.15 and last traded at $124.04, with a volume of 54961 shares trading hands. The stock had previously closed at $123.76.

BNY Mellon US Large Cap Core Equity ETF Stock Up 0.2%

The stock’s 50-day moving average price is $120.54 and its 200 day moving average price is $113.15. The company has a market cap of $3.80 billion, a P/E ratio of 25.44 and a beta of 1.03.

BNY Mellon US Large Cap Core Equity ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 7th. Investors of record on Tuesday, July 1st were issued a $0.3275 dividend. This represents a $1.31 annualized dividend and a yield of 1.1%. The ex-dividend date was Tuesday, July 1st.

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

A number of hedge funds have recently bought and sold shares of BKLC. Creekmur Asset Management LLC bought a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the second quarter worth about $33,000. Capital Analysts LLC bought a new stake in BNY Mellon US Large Cap Core Equity ETF during the 4th quarter valued at approximately $37,000. FSA Wealth Management LLC acquired a new stake in BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter valued at approximately $37,000. NewEdge Advisors LLC bought a new position in BNY Mellon US Large Cap Core Equity ETF in the 4th quarter worth approximately $65,000. Finally, REAP Financial Group LLC bought a new position in BNY Mellon US Large Cap Core Equity ETF in the 4th quarter worth approximately $85,000.

About BNY Mellon US Large Cap Core Equity ETF

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.