BNY Mellon US Large Cap Core Equity ETF $BKLC Stock Position Increased by Lantern Wealth Advisors LLC

Lantern Wealth Advisors LLC lifted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 210.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,363 shares of the company’s stock after buying an additional 14,473 shares during the quarter. Lantern Wealth Advisors LLC’s holdings in BNY Mellon US Large Cap Core Equity ETF were worth $1,044,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Ascentis Independent Advisors purchased a new position in BNY Mellon US Large Cap Core Equity ETF in the 1st quarter valued at approximately $25,000. Waverly Advisors LLC bought a new stake in BNY Mellon US Large Cap Core Equity ETF during the 1st quarter valued at $68,000. Rockefeller Capital Management L.P. raised its holdings in BNY Mellon US Large Cap Core Equity ETF by 56.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,597 shares of the company’s stock valued at $209,000 after acquiring an additional 578 shares during the period. Kings Path Partners LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF during the third quarter worth $86,000. Finally, Private Advisor Group LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF during the first quarter worth $253,000.

BNY Mellon US Large Cap Core Equity ETF Price Performance

Shares of NYSEARCA:BKLC traded down $0.24 during trading on Friday, hitting $48.54. 288,057 shares of the company were exchanged, compared to its average volume of 713,245. BNY Mellon US Large Cap Core Equity ETF has a 52-week low of $40.21 and a 52-week high of $50.01. The stock has a 50 day moving average of $49.10 and a 200 day moving average of $47.79. The company has a market cap of $6.75 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 declared a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.1260 dividend. This represents a $0.50 annualized dividend and a dividend 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.