BNY Mellon US Mid Cap Core Equity ETF $BKMC Stock Position Lifted by Key Financial Inc

Key Financial Inc increased its position in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) by 56.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,713 shares of the company’s stock after acquiring an additional 1,339 shares during the period. Key Financial Inc’s holdings in BNY Mellon US Mid Cap Core Equity ETF were worth $380,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BKMC. M&T Bank Corp acquired a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF in the first quarter valued at $237,000. Diversify Wealth Management LLC lifted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 13.6% in the first quarter. Diversify Wealth Management LLC now owns 153,395 shares of the company’s stock valued at $14,361,000 after buying an additional 18,317 shares during the period. Diversify Advisory Services LLC lifted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 26.5% in the first quarter. Diversify Advisory Services LLC now owns 51,316 shares of the company’s stock valued at $4,804,000 after buying an additional 10,737 shares during the period. Accredited Investors Inc. acquired a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF in the first quarter valued at $223,000. Finally, Cetera Investment Advisers lifted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 30.2% in the first quarter. Cetera Investment Advisers now owns 7,129 shares of the company’s stock valued at $682,000 after buying an additional 1,653 shares during the period.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.4%

Shares of BNY Mellon US Mid Cap Core Equity ETF stock opened at $107.70 on Tuesday. The firm has a market cap of $599.89 million, a price-to-earnings ratio of 19.73 and a beta of 1.06. The business has a fifty day simple moving average of $108.48 and a 200-day simple moving average of $103.48. BNY Mellon US Mid Cap Core Equity ETF has a fifty-two week low of $82.26 and a fifty-two week high of $111.07.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.3492 per share. This represents a $1.40 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, October 1st. This is a boost from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.33.

BNY Mellon US Mid Cap Core Equity ETF Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.