BNY Mellon US Large Cap Core Equity ETF $BKLC Stock: WealthBridge Capital Management LLC Raises Holdings

WealthBridge Capital Management LLC boosted its stake in shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 207.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 479,096 shares of the company’s stock after acquiring an additional 323,273 shares during the quarter. BNY Mellon US Large Cap Core Equity ETF makes up approximately 4.7% of WealthBridge Capital Management LLC’s holdings, making the stock its 3rd biggest holding. WealthBridge Capital Management LLC owned about 0.35% of BNY Mellon US Large Cap Core Equity ETF worth $23,409,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Ascentis Independent Advisors acquired a new stake in BNY Mellon US Large Cap Core Equity ETF in the 1st quarter valued at about $25,000. Waverly Advisors LLC acquired a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the first quarter worth approximately $68,000. Triumph Capital Management lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 200.0% during the third quarter. Triumph Capital Management now owns 2,400 shares of the company’s stock worth $117,000 after purchasing an additional 1,600 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 56.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,597 shares of the company’s stock valued at $209,000 after purchasing an additional 578 shares during the last quarter. Finally, Private Advisor Group LLC bought a new stake in shares of BNY Mellon US Large Cap Core Equity ETF during the first quarter valued at approximately $253,000.

BNY Mellon US Large Cap Core Equity ETF Trading Down 1.2%

Shares of BKLC traded down $0.59 during mid-day trading on Friday, hitting $48.74. 340,350 shares of the company traded hands, compared to its average volume of 714,291. The stock has a market capitalization of $6.60 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02. The business has a 50-day moving average of $49.15 and a 200 day moving average of $47.53. BNY Mellon US Large Cap Core Equity ETF has a one year low of $40.21 and a one year high of $50.01.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.1260 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.50 annualized dividend and a yield of 1.0%. This is a negative change from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.3828.

BNY Mellon US Large Cap Core Equity ETF 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.