Sugar Maple Asset Management LLC Makes New $1.20 Million Investment in BNY Mellon Dynamic Value ETF $BKDV

Sugar Maple Asset Management LLC purchased a new position in BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 41,279 shares of the company’s stock, valued at approximately $1,198,000. BNY Mellon Dynamic Value ETF comprises about 0.8% of Sugar Maple Asset Management LLC’s holdings, making the stock its 28th largest holding. Sugar Maple Asset Management LLC owned about 0.16% of BNY Mellon Dynamic Value ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in BKDV. StoneCrest Wealth Management Inc. lifted its holdings in shares of BNY Mellon Dynamic Value ETF by 8.8% during the 4th quarter. StoneCrest Wealth Management Inc. now owns 297,668 shares of the company’s stock worth $8,638,000 after acquiring an additional 24,088 shares during the last quarter. Legacy Capital Wealth Partners LLC bought a new position in BNY Mellon Dynamic Value ETF in the fourth quarter valued at $342,000. Baron Wealth Management LLC purchased a new stake in BNY Mellon Dynamic Value ETF during the fourth quarter valued at about $616,000. Wealth Enhancement Advisory Services LLC purchased a new stake in BNY Mellon Dynamic Value ETF during the fourth quarter valued at about $232,000. Finally, Next Level Private LLC lifted its stake in BNY Mellon Dynamic Value ETF by 62.8% during the fourth quarter. Next Level Private LLC now owns 44,855 shares of the company’s stock worth $1,302,000 after purchasing an additional 17,304 shares during the last quarter.

BNY Mellon Dynamic Value ETF Price Performance

Shares of BKDV stock opened at $29.75 on Friday. The business has a 50-day moving average price of $30.22 and a two-hundred day moving average price of $29.14. BNY Mellon Dynamic Value ETF has a 12-month low of $21.87 and a 12-month high of $31.23. The firm has a market cap of $1.09 billion, a P/E ratio of 19.68 and a beta of 1.02.

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.