Tidal Investments LLC Cuts Stake in BNY Mellon US Large Cap Core Equity ETF $BKLC

Tidal Investments LLC cut its holdings in shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 43.8% during the second quarter, HoldingsChannel.com reports. The firm owned 409,475 shares of the company’s stock after selling 318,812 shares during the period. Tidal Investments LLC’s holdings in BNY Mellon US Large Cap Core Equity ETF were worth $58,544,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Jane Street Group LLC acquired a new stake in BNY Mellon US Large Cap Core Equity ETF in the first quarter worth about $1,105,000. Raymond James Financial Inc. increased its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 3.5% during the second quarter. Raymond James Financial Inc. now owns 4,105 shares of the company’s stock valued at $486,000 after acquiring an additional 137 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 5.4% during the second quarter. Ameriprise Financial Inc. now owns 364,511 shares of the company’s stock valued at $43,169,000 after acquiring an additional 18,595 shares in the last quarter. MML Investors Services LLC raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 81.7% in the 2nd quarter. MML Investors Services LLC now owns 12,712 shares of the company’s stock valued at $1,506,000 after purchasing an additional 5,716 shares during the last quarter. Finally, Orion Porfolio Solutions LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter valued at approximately $1,093,000.

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

NYSEARCA:BKLC opened at $48.75 on Thursday. The company has a market cap of $5.60 billion, a PE ratio of 25.44 and a beta of 1.02. BNY Mellon US Large Cap Core Equity ETF has a twelve month low of $40.21 and a twelve month high of $49.84. The company’s 50 day moving average is $48.46 and its two-hundred day moving average is $46.35.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.3828 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.53 dividend on an annualized basis and a dividend yield of 3.1%.

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.