Bank of New York Mellon Corp Invests $73.47 Million in iShares Large Cap Core Active ETF $BLCR

Bank of New York Mellon Corp acquired a new position in shares of iShares Large Cap Core Active ETF (NASDAQ:BLCR) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,789,379 shares of the company’s stock, valued at approximately $73,472,000. Bank of New York Mellon Corp owned about 1.65% of iShares Large Cap Core Active ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mosaic Advisors LLC purchased a new stake in iShares Large Cap Core Active ETF in the 1st quarter valued at about $235,000. Beacon Financial Group purchased a new position in iShares Large Cap Core Active ETF during the first quarter worth about $8,807,000. Janney Montgomery Scott LLC purchased a new position in iShares Large Cap Core Active ETF during the first quarter worth about $73,344,000. Fifth Third Wealth Advisors LLC acquired a new stake in shares of iShares Large Cap Core Active ETF during the first quarter valued at about $3,066,000. Finally, Worth Asset Management LLC increased its position in shares of iShares Large Cap Core Active ETF by 2.9% during the first quarter. Worth Asset Management LLC now owns 10,750 shares of the company’s stock valued at $441,000 after acquiring an additional 300 shares during the last quarter.

iShares Large Cap Core Active ETF Stock Performance

iShares Large Cap Core Active ETF stock opened at $49.23 on Thursday. The company’s 50 day simple moving average is $49.67 and its 200-day simple moving average is $45.89. The company has a market capitalization of $6.43 billion, a price-to-earnings ratio of 29.58 and a beta of 1.18. iShares Large Cap Core Active ETF has a 1 year low of $36.69 and a 1 year high of $51.02.

iShares Large Cap Core Active ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.0581 dividend. This is a boost from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Monday, June 15th. This represents a $0.23 annualized dividend and a yield of 0.5%.

iShares Large Cap Core Active ETF Company Profile

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.