BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Short Interest Update

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 5,282 shares, a decline of 31.8% from the February 12th total of 7,740 shares. Based on an average trading volume of 35,322 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 35,322 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of BNY Mellon US Mid Cap Core Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 129.8% in the fourth quarter. Royal Bank of Canada now owns 2,116 shares of the company’s stock valued at $231,000 after buying an additional 1,195 shares in the last quarter. Insigneo Advisory Services LLC bought a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF during the fourth quarter worth about $541,000. Goldman Sachs Group Inc. acquired a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF in the 4th quarter worth about $2,181,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 18,146.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,377,956 shares of the company’s stock worth $150,108,000 after acquiring an additional 1,370,404 shares during the last quarter. Finally, Diversify Wealth Management LLC lifted its position in BNY Mellon US Mid Cap Core Equity ETF by 29.5% in the 4th quarter. Diversify Wealth Management LLC now owns 212,257 shares of the company’s stock valued at $24,459,000 after acquiring an additional 48,301 shares in the last quarter.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.3%

NYSEARCA:BKMC traded down $0.30 during trading hours on Friday, reaching $110.20. The company had a trading volume of 7,788 shares, compared to its average volume of 18,430. BNY Mellon US Mid Cap Core Equity ETF has a twelve month low of $82.26 and a twelve month high of $119.18. The firm has a market cap of $611.61 million, a price-to-earnings ratio of 19.73 and a beta of 1.06. The business’s 50-day simple moving average is $115.78 and its two-hundred day simple moving average is $111.12.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 29th were paid a $0.4651 dividend. The ex-dividend date was Monday, December 29th. This represents a $1.86 annualized dividend and a dividend yield of 1.7%. This is a boost from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.35.

About BNY Mellon US Mid Cap Core Equity ETF

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.