BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Short Interest Update

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 23,772 shares, a drop of 26.2% from the November 30th total of 32,200 shares. Based on an average trading volume of 97,196 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 97,196 shares, the days-to-cover ratio is currently 0.2 days.

BNY Mellon US Large Cap Core Equity ETF Trading Down 0.7%

BKLC traded down $0.95 on Wednesday, reaching $130.80. The stock had a trading volume of 226,023 shares, compared to its average volume of 177,101. BNY Mellon US Large Cap Core Equity ETF has a fifty-two week low of $91.90 and a fifty-two week high of $133.03. The firm has a 50-day moving average of $130.32 and a 200-day moving average of $125.58. The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 29th will be issued a dividend of $0.3923 per share. This represents a $1.57 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, December 29th. This is a positive change from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.33.

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

Several large investors have recently modified their holdings of the business. Creekmur Asset Management LLC acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the second quarter valued at about $33,000. FSA Wealth Management LLC bought a new stake in BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter valued at about $37,000. Center for Financial Planning Inc. bought a new position in BNY Mellon US Large Cap Core Equity ETF in the third quarter worth approximately $37,000. EverSource Wealth Advisors LLC grew its position in BNY Mellon US Large Cap Core Equity ETF by 47.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 287 shares of the company’s stock valued at $37,000 after purchasing an additional 92 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the 3rd quarter worth about $90,000.

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.