BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Reaches New 52-Week High at $104.95

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) shares hit a new 52-week high on Friday . The stock traded as high as $104.95 and last traded at $104.95, with a volume of 5517 shares trading hands. The stock had previously closed at $104.88.

BNY Mellon US Large Cap Core Equity ETF Stock Up 0.1 %

The stock has a market cap of $2.49 billion, a P/E ratio of 27.03 and a beta of 1.02. The firm’s 50-day moving average is $101.02 and its two-hundred day moving average is $96.88.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

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

Hedge Funds Weigh In On BNY Mellon US Large Cap Core Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BKLC. Bank of New York Mellon Corp raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 4.0% in the first quarter. Bank of New York Mellon Corp now owns 1,307,508 shares of the company’s stock valued at $130,489,000 after purchasing an additional 50,823 shares during the period. Advisors Preferred LLC raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 164.6% in the fourth quarter. Advisors Preferred LLC now owns 60,043 shares of the company’s stock valued at $5,392,000 after purchasing an additional 37,350 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 3.0% in the third quarter. Integrated Wealth Concepts LLC now owns 918,450 shares of the company’s stock valued at $74,394,000 after purchasing an additional 27,102 shares during the period. WealthBridge Capital Management LLC raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 23.6% in the first quarter. WealthBridge Capital Management LLC now owns 94,547 shares of the company’s stock valued at $9,436,000 after purchasing an additional 18,039 shares during the period. Finally, Osaic Holdings Inc. raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 11.5% in the first quarter. Osaic Holdings Inc. now owns 144,994 shares of the company’s stock valued at $14,471,000 after purchasing an additional 14,989 shares during the period.

About BNY Mellon US Large Cap Core Equity ETF

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.