Concurrent Investment Advisors LLC Takes $3.83 Million Position in BNY Mellon Dynamic Value ETF $BKDV

Concurrent Investment Advisors LLC acquired a new stake in shares of BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) in the second quarter, HoldingsChannel reports. The institutional investor acquired 114,487 shares of the company’s stock, valued at approximately $3,834,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its stake in BNY Mellon Dynamic Value ETF by 597.6% during the 4th quarter. Stifel Financial Corp now owns 1,394,425 shares of the company’s stock worth $40,466,000 after acquiring an additional 1,194,540 shares during the period. Raymond James Financial Inc. purchased a new position in BNY Mellon Dynamic Value ETF during the third quarter valued at approximately $20,773,000. Bank of America Corp DE bought a new position in shares of BNY Mellon Dynamic Value ETF in the third quarter worth approximately $17,192,000. Ruggaard & Associates LLC bought a new position in shares of BNY Mellon Dynamic Value ETF in the fourth quarter worth approximately $7,695,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of BNY Mellon Dynamic Value ETF by 10.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,274,680 shares of the company’s stock worth $66,011,000 after purchasing an additional 220,808 shares during the period.

BNY Mellon Dynamic Value ETF Price Performance

Shares of NYSEARCA BKDV opened at $34.78 on Tuesday. The stock has a market cap of $1.85 billion, a PE ratio of 19.68 and a beta of 0.72. BNY Mellon Dynamic Value ETF has a 1 year low of $27.16 and a 1 year high of $35.14. The firm has a fifty day moving average price of $34.21 and a 200-day moving average price of $32.42.

BNY Mellon Dynamic Value ETF Company Profile

The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.