BNY Mellon US Large Cap Core Equity ETF $BKLC Stock: RPOA Advisors Inc. Boosts Stake

RPOA Advisors Inc. grew its holdings in shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 176.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,295,291 shares of the company’s stock after buying an additional 19,338,129 shares during the quarter. BNY Mellon US Large Cap Core Equity ETF accounts for approximately 44.1% of RPOA Advisors Inc.’s holdings, making the stock its biggest holding. RPOA Advisors Inc. owned approximately 22.37% of BNY Mellon US Large Cap Core Equity ETF worth $1,480,228,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in BKLC. Herold Advisors Inc. lifted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 157.4% in the 3rd quarter. Herold Advisors Inc. now owns 28,760 shares of the company’s stock valued at $1,405,000 after acquiring an additional 17,586 shares during the last quarter. IFP Advisors Inc grew its position in BNY Mellon US Large Cap Core Equity ETF by 263.4% in the third quarter. IFP Advisors Inc now owns 183,174 shares of the company’s stock worth $8,950,000 after acquiring an additional 132,766 shares in the last quarter. WealthBridge Capital Management LLC increased its stake in BNY Mellon US Large Cap Core Equity ETF by 207.5% during the third quarter. WealthBridge Capital Management LLC now owns 479,096 shares of the company’s stock worth $23,409,000 after acquiring an additional 323,273 shares during the last quarter. Triumph Capital Management increased its stake in BNY Mellon US Large Cap Core Equity ETF by 200.0% during the third quarter. Triumph Capital Management now owns 2,400 shares of the company’s stock worth $117,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Wealth Forward LLC increased its stake in BNY Mellon US Large Cap Core Equity ETF by 117.6% during the third quarter. Wealth Forward LLC now owns 78,033 shares of the company’s stock worth $3,813,000 after acquiring an additional 42,168 shares during the last quarter.

BNY Mellon US Large Cap Core Equity ETF Price Performance

Shares of BKLC stock opened at $48.99 on Tuesday. 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 stock’s 50 day simple moving average is $49.15 and its two-hundred day simple moving average is $47.63. The company has a market cap of $6.64 billion, a PE ratio of 25.44 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.1260 dividend. This is a negative change from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.3828. The ex-dividend date was Thursday, October 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.0%.

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.