BNY Mellon US Large Cap Core Equity ETF $BKLC Shares Bought by David Kennon Inc

David Kennon Inc boosted its stake in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 204.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,250 shares of the company’s stock after acquiring an additional 41,135 shares during the period. BNY Mellon US Large Cap Core Equity ETF accounts for approximately 1.0% of David Kennon Inc’s holdings, making the stock its 24th biggest holding. David Kennon Inc’s holdings in BNY Mellon US Large Cap Core Equity ETF were worth $2,993,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Ascentis Independent Advisors purchased a new position in BNY Mellon US Large Cap Core Equity ETF during the 1st quarter valued at $25,000. Waverly Advisors LLC bought a new position in BNY Mellon US Large Cap Core Equity ETF in the 1st quarter worth $68,000. Rockefeller Capital Management L.P. raised its holdings in BNY Mellon US Large Cap Core Equity ETF by 56.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,597 shares of the company’s stock worth $209,000 after purchasing an additional 578 shares in the last quarter. Private Advisor Group LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the 1st quarter worth about $253,000. Finally, Castleview Partners LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the 1st quarter worth about $275,000.

BNY Mellon US Large Cap Core Equity ETF Stock Down 0.1%

Shares of NYSEARCA:BKLC traded down $0.04 on Tuesday, hitting $49.75. The company had a trading volume of 441,389 shares, compared to its average volume of 711,952. BNY Mellon US Large Cap Core Equity ETF has a 1 year low of $40.21 and a 1 year high of $50.01. The firm’s 50-day simple moving average is $49.15 and its two-hundred day simple moving average is $47.34. The firm has a market capitalization of $5.93 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.1260 dividend. This represents a $0.50 annualized dividend and a yield of 1.0%. This is a drop from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.3828. The ex-dividend date was Thursday, October 1st.

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.