BNY Mellon US Large Cap Core Equity ETF $BKLC is GM Advisory Group LLC’s 7th Largest Position

GM Advisory Group LLC increased its position in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 14.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 517,958 shares of the company’s stock after purchasing an additional 65,116 shares during the period. BNY Mellon US Large Cap Core Equity ETF makes up approximately 2.8% of GM Advisory Group LLC’s holdings, making the stock its 7th biggest position. GM Advisory Group LLC owned 1.43% of BNY Mellon US Large Cap Core Equity ETF worth $66,495,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Center for Financial Planning Inc. bought a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the third quarter worth approximately $37,000. EverSource Wealth Advisors LLC increased its position in shares of BNY Mellon US Large Cap Core Equity ETF by 47.2% during the third quarter. EverSource Wealth Advisors LLC now owns 287 shares of the company’s stock valued at $37,000 after acquiring an additional 92 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in BNY Mellon US Large Cap Core Equity ETF in the 3rd quarter worth approximately $90,000. Triumph Capital Management purchased a new position in BNY Mellon US Large Cap Core Equity ETF in the 3rd quarter worth approximately $103,000. Finally, NewEdge Advisors LLC bought a new position in BNY Mellon US Large Cap Core Equity ETF in the 3rd quarter valued at approximately $172,000.

BNY Mellon US Large Cap Core Equity ETF Trading Up 0.3%

Shares of BKLC opened at $128.40 on Wednesday. The company has a market cap of $5.01 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02. The business’s fifty day simple moving average is $131.24 and its two-hundred day simple moving average is $129.81. BNY Mellon US Large Cap Core Equity ETF has a 12 month low of $91.90 and a 12 month high of $133.74.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

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

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.