Bank of New York Mellon Corp Trims Stock Holdings in BNY Mellon US Large Cap Core Equity ETF $BKLC

Bank of New York Mellon Corp reduced its position in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 12.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,576,755 shares of the company’s stock after selling 221,308 shares during the quarter. Bank of New York Mellon Corp’s holdings in BNY Mellon US Large Cap Core Equity ETF were worth $202,424,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. 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 BNY Mellon US Large Cap Core Equity ETF in the second quarter valued at $37,000. Carolina Wealth Advisors LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the second quarter valued at about $106,000. Sequoia Financial Advisors LLC acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF during the second quarter worth about $218,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 44.5% during the second quarter. Geneos Wealth Management Inc. now owns 1,857 shares of the company’s stock worth $220,000 after buying an additional 572 shares during the last quarter.

BNY Mellon US Large Cap Core Equity ETF Stock Down 0.5%

BKLC opened at $132.30 on Friday. 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 business has a 50 day moving average price of $131.59 and a two-hundred day moving average price of $127.80. The company has a market cap of $5.12 billion, a PE ratio of 25.44 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 29th were paid a dividend of $0.3923 per share. This represents a $1.57 annualized dividend 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 was Monday, December 29th.

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.