BNY Mellon US Large Cap Core Equity ETF $BKLC Stock Position Lowered by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its position in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 40.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,798,063 shares of the company’s stock after selling 1,244,744 shares during the quarter. Bank of New York Mellon Corp owned approximately 5.87% of BNY Mellon US Large Cap Core Equity ETF worth $212,945,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creekmur Asset Management LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth approximately $33,000. Carolina Wealth Advisors LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth approximately $106,000. Define Financial LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth approximately $202,000. Sequoia Financial Advisors LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth approximately $218,000. Finally, Wills Financial Group LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 1st quarter worth approximately $213,000.

BNY Mellon US Large Cap Core Equity ETF Stock Up 0.3%

BKLC stock opened at $130.19 on Thursday. BNY Mellon US Large Cap Core Equity ETF has a 12-month low of $91.90 and a 12-month high of $132.50. The company has a market cap of $4.73 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02. The company has a 50 day moving average of $127.63 and a two-hundred day moving average of $120.04.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.3264 per share. The ex-dividend date was Wednesday, October 1st. This represents a $1.31 dividend on an annualized basis and a dividend yield of 1.0%.

BNY Mellon US Large Cap Core Equity ETF Company 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.