BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sees Large Volume Increase

Shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) saw an uptick in trading volume on Thursday . 803,594 shares changed hands during mid-day trading, an increase of 909% from the previous session’s volume of 79,653 shares.The stock last traded at $98.88 and had previously closed at $98.35.

BNY Mellon US Large Cap Core Equity ETF Stock Up 0.6 %

The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 27.03 and a beta of 1.02. The company has a 50 day simple moving average of $97.54 and a 200 day simple moving average of $91.99.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.3322 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from BNY Mellon US Large Cap Core Equity ETF’s previous dividend of $0.31.

Institutional Investors Weigh In On BNY Mellon US Large Cap Core Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Zhang Financial LLC raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 2.8% during the fourth quarter. Zhang Financial LLC now owns 199,943 shares of the company’s stock valued at $18,075,000 after acquiring an additional 5,410 shares during the last quarter. Keener Financial Planning LLC bought a new position in BNY Mellon US Large Cap Core Equity ETF during the 4th quarter worth $206,000. Integrated Wealth Concepts LLC lifted its holdings in BNY Mellon US Large Cap Core Equity ETF by 3.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 918,450 shares of the company’s stock worth $74,394,000 after buying an additional 27,102 shares during the period. Atria Wealth Solutions Inc. grew its position in shares of BNY Mellon US Large Cap Core Equity ETF by 59.9% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 7,285 shares of the company’s stock valued at $590,000 after buying an additional 2,730 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the third quarter valued at about $249,000.

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.