Bank of New York Mellon Corp Decreases Stake in BNY Mellon US Large Cap Core Equity ETF $BKLC

Bank of New York Mellon Corp trimmed its position in shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 12.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,576,755 shares of the company’s stock after selling 221,308 shares during the period. Bank of New York Mellon Corp owned about 4.34% of BNY Mellon US Large Cap Core Equity ETF worth $202,424,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in BKLC. Geneos Wealth Management Inc. increased its position in shares of BNY Mellon US Large Cap Core Equity ETF by 5.9% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,967 shares of the company’s stock valued at $253,000 after purchasing an additional 110 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 3.5% during the second quarter. Raymond James Financial Inc. now owns 4,105 shares of the company’s stock worth $486,000 after purchasing an additional 137 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in BNY Mellon US Large Cap Core Equity ETF by 4.0% in the second quarter. Steward Partners Investment Advisory LLC now owns 5,323 shares of the company’s stock valued at $630,000 after buying an additional 206 shares during the last quarter. Mayflower Financial Advisors LLC raised its stake in BNY Mellon US Large Cap Core Equity ETF by 5.8% in the second quarter. Mayflower Financial Advisors LLC now owns 4,248 shares of the company’s stock valued at $503,000 after buying an additional 232 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 10.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,636 shares of the company’s stock worth $339,000 after acquiring an additional 259 shares in the last quarter.

BNY Mellon US Large Cap Core Equity ETF Trading Down 0.5%

Shares of NYSEARCA:BKLC opened at $132.30 on Friday. The firm has a 50 day simple moving average of $131.59 and a 200-day simple moving average of $127.80. BNY Mellon US Large Cap Core Equity ETF has a twelve month low of $91.90 and a twelve month high of $133.74. The company has a market capitalization of $5.12 billion, a PE ratio of 25.44 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 29th were given a dividend of $0.3923 per share. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.33. The ex-dividend date was Monday, December 29th.

BNY Mellon US Large Cap Core Equity ETF 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.