BNY Mellon US Large Cap Core Equity ETF $BKLC Shares Bought by RPOA Advisors Inc.

RPOA Advisors Inc. raised its position in shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 176.5% during the third quarter, HoldingsChannel reports. The fund owned 30,295,291 shares of the company’s stock after acquiring an additional 19,338,129 shares during the quarter. BNY Mellon US Large Cap Core Equity ETF accounts for approximately 44.1% of RPOA Advisors Inc.’s investment portfolio, making the stock its largest holding. RPOA Advisors Inc. owned about 0.22% of BNY Mellon US Large Cap Core Equity ETF worth $1,480,228,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BKLC. Ascentis Independent Advisors purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the first quarter valued at $25,000. Waverly Advisors LLC bought a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the 1st quarter worth about $68,000. Triumph Capital Management boosted its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 200.0% during the 3rd quarter. Triumph Capital Management now owns 2,400 shares of the company’s stock worth $117,000 after purchasing an additional 1,600 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 56.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,597 shares of the company’s stock worth $209,000 after purchasing an additional 578 shares during the period. Finally, Private Advisor Group LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the 1st quarter worth about $253,000.

BNY Mellon US Large Cap Core Equity ETF Trading Up 0.5%

Shares of NYSEARCA:BKLC opened at $48.99 on Tuesday. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02. BNY Mellon US Large Cap Core Equity ETF has a 12 month low of $40.21 and a 12 month high of $50.01. The firm’s 50-day moving average is $49.15 and its 200 day moving average is $47.63.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.1260 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.3828. This represents a $0.50 annualized dividend and a yield of 1.0%.

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.