Short Interest in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Decreases By 26.2%

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 23,772 shares, a decrease of 26.2% from the November 30th total of 32,200 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 97,196 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 97,196 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

BNY Mellon US Large Cap Core Equity ETF Price Performance

BKLC traded down $0.16 on Tuesday, reaching $131.75. 112,124 shares of the company’s stock were exchanged, compared to its average volume of 177,178. BNY Mellon US Large Cap Core Equity ETF has a twelve month low of $91.90 and a twelve month high of $133.03. The stock has a market cap of $4.78 billion, a PE ratio of 25.44 and a beta of 1.02. The stock’s fifty day moving average price is $130.26 and its 200-day moving average price is $125.46.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 29th will be given a $0.3923 dividend. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.33. The ex-dividend date is Monday, December 29th.

Hedge Funds Weigh In On BNY Mellon US Large Cap Core Equity ETF

Institutional investors have recently added to or reduced their stakes in the stock. Creekmur Asset Management LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter valued at $33,000. FSA Wealth Management LLC acquired a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the 2nd quarter valued at about $37,000. Center for Financial Planning Inc. purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the third quarter valued at about $37,000. EverSource Wealth Advisors LLC increased its position in BNY Mellon US Large Cap Core Equity ETF by 47.2% during the third quarter. EverSource Wealth Advisors LLC now owns 287 shares of the company’s stock worth $37,000 after purchasing an additional 92 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in BNY Mellon US Large Cap Core Equity ETF during the third quarter worth about $90,000.

About BNY Mellon US Large Cap Core Equity ETF

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.