Osaic Holdings Inc. Raises Position in BNY Mellon US Mid Cap Core Equity ETF $BKMC

Osaic Holdings Inc. increased its holdings in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) by 406.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,135 shares of the company’s stock after purchasing an additional 11,346 shares during the period. Osaic Holdings Inc.’s holdings in BNY Mellon US Mid Cap Core Equity ETF were worth $1,447,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in BKMC. Raymond James Financial Inc. purchased a new position in BNY Mellon US Mid Cap Core Equity ETF during the second quarter worth about $60,000. Key Financial Inc increased its position in BNY Mellon US Mid Cap Core Equity ETF by 56.4% during the 2nd quarter. Key Financial Inc now owns 3,713 shares of the company’s stock worth $380,000 after purchasing an additional 1,339 shares in the last quarter. Goldman Sachs Group Inc. increased its position in BNY Mellon US Mid Cap Core Equity ETF by 105.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,585 shares of the company’s stock worth $438,000 after purchasing an additional 2,349 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in BNY Mellon US Mid Cap Core Equity ETF by 4.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,734 shares of the company’s stock valued at $453,000 after buying an additional 207 shares during the period. Finally, Crux Wealth Advisors raised its holdings in BNY Mellon US Mid Cap Core Equity ETF by 15.9% in the second quarter. Crux Wealth Advisors now owns 5,086 shares of the company’s stock valued at $521,000 after buying an additional 696 shares during the period.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.4%

BKMC opened at $109.99 on Wednesday. BNY Mellon US Mid Cap Core Equity ETF has a 52-week low of $82.26 and a 52-week high of $112.69. The company has a 50 day moving average of $108.73 and a two-hundred day moving average of $106.88. The company has a market cap of $612.64 million, a P/E ratio of 19.73 and a beta of 1.06.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Monday, December 29th will be given a dividend of $0.4651 per share. This is a positive change from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.86 dividend on an annualized basis and a yield of 1.7%.

BNY Mellon US Mid Cap Core Equity ETF Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.