BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Reaches New 12-Month High at $107.53

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $107.53 and last traded at $107.46, with a volume of 1414 shares. The stock had previously closed at $107.01.

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

The company has a market cap of $2.54 billion, a P/E ratio of 27.03 and a beta of 1.02. The business has a 50 day moving average price of $104.50 and a 200-day moving average price of $101.30.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were given a dividend of $0.3371 per share. This is a positive change from BNY Mellon US Large Cap Core Equity ETF’s previous dividend of $0.33. The ex-dividend date of this dividend was Monday, July 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers lifted its stake in BNY Mellon US Large Cap Core Equity ETF by 30.5% in the 2nd quarter. Cetera Investment Advisers now owns 12,518 shares of the company’s stock valued at $1,299,000 after purchasing an additional 2,927 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in BNY Mellon US Large Cap Core Equity ETF by 1,284.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,620 shares of the company’s stock valued at $1,932,000 after buying an additional 17,275 shares during the period. Clear Point Advisors Inc. lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 33.9% in the second quarter. Clear Point Advisors Inc. now owns 1,981 shares of the company’s stock valued at $206,000 after buying an additional 502 shares during the last quarter. GM Advisory Group LLC acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the second quarter valued at approximately $22,997,000. Finally, Mercer Global Advisors Inc. ADV boosted its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 84.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,087 shares of the company’s stock worth $632,000 after acquiring an additional 2,790 shares during the period.

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.