BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Reaches New 1-Year High – Here’s What Happened

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $132.57 and last traded at $132.59, with a volume of 18175 shares changing hands. The stock had previously closed at $132.32.

BNY Mellon US Large Cap Core Equity ETF Trading Up 0.4%

The stock’s 50 day moving average price is $129.88 and its 200 day moving average price is $124.97. The company has a market capitalization of $4.82 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.3264 per share. This represents a $1.31 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Wednesday, October 1st.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BKLC. Creekmur Asset Management LLC acquired a new stake in BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter valued at about $33,000. FSA Wealth Management LLC bought a new stake in BNY Mellon US Large Cap Core Equity ETF in the second quarter valued at approximately $37,000. Center for Financial Planning Inc. acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the third quarter valued at approximately $37,000. EverSource Wealth Advisors LLC boosted its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 47.2% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 287 shares of the company’s stock worth $37,000 after acquiring an additional 92 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the 3rd quarter worth approximately $90,000.

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.