Beacon Financial Group Acquires Shares of 214,494 iShares Large Cap Core Active ETF $BLCR

Beacon Financial Group bought a new stake in iShares Large Cap Core Active ETF (NASDAQ:BLCR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 214,494 shares of the company’s stock, valued at approximately $8,807,000. iShares Large Cap Core Active ETF makes up approximately 0.9% of Beacon Financial Group’s investment portfolio, making the stock its 27th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC bought a new stake in shares of iShares Large Cap Core Active ETF in the first quarter worth $73,344,000. Fifth Third Wealth Advisors LLC bought a new position in iShares Large Cap Core Active ETF during the 1st quarter valued at $3,066,000. Worth Asset Management LLC grew its holdings in iShares Large Cap Core Active ETF by 2.9% during the 1st quarter. Worth Asset Management LLC now owns 10,750 shares of the company’s stock worth $441,000 after acquiring an additional 300 shares in the last quarter. Finally, AdvisorNet Financial Inc acquired a new position in iShares Large Cap Core Active ETF during the 1st quarter worth $56,000.

iShares Large Cap Core Active ETF Stock Performance

BLCR opened at $49.86 on Friday. The company has a 50-day moving average of $49.62 and a 200-day moving average of $45.48. The company has a market capitalization of $6.41 billion, a P/E ratio of 29.58 and a beta of 1.18. iShares Large Cap Core Active ETF has a 1-year low of $36.35 and a 1-year high of $51.02.

iShares Large Cap Core Active ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.0581 dividend. This represents a $0.23 dividend on an annualized basis and a yield of 0.5%. This is a positive change from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Monday, June 15th.

iShares Large Cap Core Active ETF Company Profile

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.