NewEdge Advisors LLC Makes New $186,000 Investment in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI)

NewEdge Advisors LLC bought a new stake in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,139 shares of the company’s stock, valued at approximately $186,000.

Other large investors also recently modified their holdings of the company. First Horizon Advisors Inc. bought a new stake in Blackrock Advantage Large Cap Income ETF during the fourth quarter worth $31,000. Global Retirement Partners LLC bought a new stake in shares of Blackrock Advantage Large Cap Income ETF during the 4th quarter worth $38,000. Synergy Investment Management LLC acquired a new stake in Blackrock Advantage Large Cap Income ETF in the fourth quarter valued at about $156,000. Orion Portfolio Solutions LLC bought a new position in Blackrock Advantage Large Cap Income ETF in the fourth quarter valued at about $202,000. Finally, SigFig Wealth Management LLC acquired a new position in Blackrock Advantage Large Cap Income ETF during the fourth quarter worth about $206,000.

Blackrock Advantage Large Cap Income ETF Trading Up 1.1 %

BALI stock opened at $28.24 on Friday. The stock has a market capitalization of $30.50 million, a P/E ratio of 23.41 and a beta of 0.85. The firm has a 50-day moving average price of $28.21 and a 200-day moving average price of $29.92. Blackrock Advantage Large Cap Income ETF has a 12 month low of $25.05 and a 12 month high of $31.66.

Blackrock Advantage Large Cap Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2059 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from Blackrock Advantage Large Cap Income ETF’s previous dividend of $0.17.

Blackrock Advantage Large Cap Income ETF Company Profile

The BlackRock Advantage Large Cap Income ETF (BALI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods BALI was launched on Sep 26, 2023 and is issued by BlackRock.