BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Shares Sold by Zhang Financial LLC

Zhang Financial LLC trimmed its holdings in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 0.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 198,681 shares of the company’s stock after selling 1,226 shares during the quarter. BNY Mellon US Large Cap Core Equity ETF comprises approximately 1.4% of Zhang Financial LLC’s portfolio, making the stock its 16th biggest position. Zhang Financial LLC owned approximately 0.84% of BNY Mellon US Large Cap Core Equity ETF worth $20,619,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the fourth quarter valued at approximately $108,000. Clear Point Advisors Inc. raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 2,981.3% during the first quarter. Clear Point Advisors Inc. now owns 1,479 shares of the company’s stock worth $148,000 after purchasing an additional 1,431 shares during the last quarter. Capital Investment Advisory Services LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF during the first quarter worth approximately $263,000. WealthCare Investment Partners LLC grew its holdings in BNY Mellon US Large Cap Core Equity ETF by 32.7% during the second quarter. WealthCare Investment Partners LLC now owns 2,812 shares of the company’s stock worth $292,000 after acquiring an additional 693 shares during the period. Finally, Principal Securities Inc. acquired a new position in BNY Mellon US Large Cap Core Equity ETF during the fourth quarter worth $400,000.

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

BKLC stock traded up $0.58 on Monday, reaching $105.91. 31,624 shares of the company’s stock were exchanged, compared to its average volume of 78,454. The stock has a fifty day moving average of $103.70 and a 200-day moving average of $99.79. BNY Mellon US Large Cap Core Equity ETF has a twelve month low of $77.55 and a twelve month high of $107.37. The firm has a market cap of $2.51 billion, a PE ratio of 27.03 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a $0.3371 dividend. 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.

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.