BNY Mellon US Large Cap Core Equity ETF $BKLC Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 203.3% in the third quarter, Holdings Channel reports. The institutional investor owned 462,399 shares of the company’s stock after buying an additional 309,933 shares during the quarter. Kestra Advisory Services LLC’s holdings in BNY Mellon US Large Cap Core Equity ETF were worth $22,593,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. RPOA Advisors Inc. lifted its stake in BNY Mellon US Large Cap Core Equity ETF by 176.5% in the 3rd quarter. RPOA Advisors Inc. now owns 30,295,291 shares of the company’s stock worth $1,480,228,000 after purchasing an additional 19,338,129 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in BNY Mellon US Large Cap Core Equity ETF by 1.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 2,945,201 shares of the company’s stock valued at $422,312,000 after purchasing an additional 55,455 shares during the period. Bank of New York Mellon Corp grew its position in shares of BNY Mellon US Large Cap Core Equity ETF by 12.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,526,246 shares of the company’s stock valued at $190,491,000 after purchasing an additional 174,048 shares in the last quarter. Stadion Money Management LLC grew its position in shares of BNY Mellon US Large Cap Core Equity ETF by 32.8% during the 1st quarter. Stadion Money Management LLC now owns 607,509 shares of the company’s stock valued at $75,823,000 after purchasing an additional 150,119 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of BNY Mellon US Large Cap Core Equity ETF by 2,374.0% during the 1st quarter. Royal Bank of Canada now owns 411,647 shares of the company’s stock valued at $51,377,000 after purchasing an additional 395,008 shares in the last quarter.

BNY Mellon US Large Cap Core Equity ETF Stock Performance

BNY Mellon US Large Cap Core Equity ETF stock opened at $46.91 on Friday. The stock has a market cap of $6.69 billion, a P/E ratio of 25.44 and a beta of 1.02. BNY Mellon US Large Cap Core Equity ETF has a fifty-two week low of $40.21 and a fifty-two week high of $50.01. The firm’s fifty day moving average price is $48.96 and its 200-day moving average price is $46.63.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.1260 per share. This is a negative change from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.3828. This represents a $0.50 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, October 1st.

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.