BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sees Significant Decline in Short Interest

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 53,758 shares, a drop of 69.3% from the December 31st total of 174,914 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 134,468 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 134,468 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On BNY Mellon US Large Cap Core Equity ETF

A number of large investors have recently bought and sold shares of BKLC. Orion Porfolio Solutions LLC acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the second quarter valued at about $1,093,000. Carolina Wealth Advisors LLC raised its stake in BNY Mellon US Large Cap Core Equity ETF by 8,533.3% during the third quarter. Carolina Wealth Advisors LLC now owns 77,182 shares of the company’s stock worth $9,909,000 after purchasing an additional 76,288 shares during the period. Flow Traders U.S. LLC increased its stake in BNY Mellon US Large Cap Core Equity ETF by 58.3% during the second quarter. Flow Traders U.S. LLC now owns 24,868 shares of the company’s stock worth $2,945,000 after acquiring an additional 9,155 shares during the last quarter. Accredited Investors Inc. purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter valued at about $230,000. Finally, Empower Advisory Group LLC acquired a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth approximately $274,000.

BNY Mellon US Large Cap Core Equity ETF Stock Up 0.0%

Shares of NYSEARCA:BKLC traded up $0.06 during trading on Wednesday, hitting $133.35. 549,995 shares of the stock traded hands, compared to its average volume of 147,483. The company has a fifty day moving average price of $131.32 and a two-hundred day moving average price of $127.68. 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 company has a market cap of $5.14 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were given a $0.3923 dividend. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase 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 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.