BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Short Interest Up 63.8% in January

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 88,046 shares, an increase of 63.8% from the January 15th total of 53,758 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 171,429 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 171,429 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of BNY Mellon US Large Cap Core Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. RPOA Advisors Inc. lifted its stake in BNY Mellon US Large Cap Core Equity ETF by 5.6% during the 3rd quarter. RPOA Advisors Inc. now owns 13,435,929 shares of the company’s stock valued at $1,724,905,000 after acquiring an additional 709,557 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 77.9% during the third quarter. Ameriprise Financial Inc. now owns 648,631 shares of the company’s stock worth $85,283,000 after purchasing an additional 284,120 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV lifted its position in BNY Mellon US Large Cap Core Equity ETF by 2,868.7% during the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 230,107 shares of the company’s stock valued at $27,252,000 after purchasing an additional 222,356 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in BNY Mellon US Large Cap Core Equity ETF by 6.0% in the third quarter. Integrated Wealth Concepts LLC now owns 2,573,361 shares of the company’s stock valued at $330,368,000 after purchasing an additional 145,916 shares during the last quarter. Finally, Ferguson Shapiro LLC acquired a new stake in BNY Mellon US Large Cap Core Equity ETF during the 4th quarter worth about $18,494,000.

BNY Mellon US Large Cap Core Equity ETF Stock Performance

NYSEARCA BKLC traded up $0.17 on Friday, hitting $130.34. 153,171 shares of the stock were exchanged, compared to its average volume of 166,229. BNY Mellon US Large Cap Core Equity ETF has a 52-week low of $91.90 and a 52-week high of $133.74. The firm has a market capitalization of $5.09 billion, a P/E ratio of 25.44 and a beta of 1.02. The stock has a fifty day moving average price of $131.79 and a two-hundred day moving average price of $128.54.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

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

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.