Tidal Investments LLC Cuts Stock Holdings in BNY Mellon US Large Cap Core Equity ETF $BKLC

Tidal Investments LLC lowered its holdings in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 43.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 409,475 shares of the company’s stock after selling 318,812 shares during the quarter. Tidal Investments LLC owned approximately 0.36% of BNY Mellon US Large Cap Core Equity ETF worth $58,544,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Ascentis Independent Advisors bought a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the first quarter valued at approximately $25,000. Waverly Advisors LLC bought a new position in BNY Mellon US Large Cap Core Equity ETF in the first quarter worth approximately $68,000. Triumph Capital Management bought a new position in BNY Mellon US Large Cap Core Equity ETF in the third quarter worth approximately $103,000. CIBC Private Wealth Group LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF during the fourth quarter worth $107,000. Finally, Harbour Investments Inc. lifted its holdings in BNY Mellon US Large Cap Core Equity ETF by 439.2% during the fourth quarter. Harbour Investments Inc. now owns 895 shares of the company’s stock worth $117,000 after buying an additional 729 shares during the period.

BNY Mellon US Large Cap Core Equity ETF Trading Down 0.5%

Shares of NYSEARCA BKLC opened at $48.75 on Thursday. BNY Mellon US Large Cap Core Equity ETF has a 12-month low of $40.21 and a 12-month high of $49.84. The stock’s fifty day simple moving average is $48.46 and its two-hundred day simple moving average is $46.35. The stock has a market capitalization of $5.60 billion, a PE ratio of 25.44 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.3828 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.53 dividend on an annualized basis and a yield of 3.1%.

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.