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

Shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) saw unusually-high trading volume on Thursday . Approximately 134,230 shares changed hands during mid-day trading, an increase of 79% from the previous session’s volume of 75,148 shares.The stock last traded at $101.06 and had previously closed at $100.78.

BNY Mellon US Large Cap Core Equity ETF Stock Performance

The firm has a market capitalization of $2.39 billion, a P/E ratio of 27.03 and a beta of 1.02. The firm has a 50 day simple moving average of $98.19 and a two-hundred day simple moving average of $93.59.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.3322 per share. The ex-dividend date was Monday, April 1st. This is an increase from BNY Mellon US Large Cap Core Equity ETF’s previous dividend of $0.31.

Institutional Trading of BNY Mellon US Large Cap Core Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its stake in 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 worth $130,489,000 after purchasing an additional 50,823 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in 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 acquiring an additional 27,102 shares during the period. Sentinel Pension Advisors Inc. lifted its holdings in BNY Mellon US Large Cap Core Equity ETF by 0.4% in the first quarter. Sentinel Pension Advisors Inc. now owns 756,982 shares of the company’s stock valued at $75,547,000 after acquiring an additional 2,664 shares during the period. Zhang Financial LLC increased its position in BNY Mellon US Large Cap Core Equity ETF by 2.8% in the fourth quarter. Zhang Financial LLC now owns 199,943 shares of the company’s stock worth $18,075,000 after buying an additional 5,410 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in 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 worth $14,471,000 after buying an additional 14,989 shares in the last quarter.

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.