BNY Mellon Dynamic Value ETF $BKDV Shares Sold by Principle Wealth Partners LLC

Principle Wealth Partners LLC lessened its position in BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) by 14.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,495,412 shares of the company’s stock after selling 570,018 shares during the period. BNY Mellon Dynamic Value ETF accounts for 5.6% of Principle Wealth Partners LLC’s investment portfolio, making the stock its 4th biggest position. Principle Wealth Partners LLC owned approximately 5.32% of BNY Mellon Dynamic Value ETF worth $117,795,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Western Wealth Management LLC bought a new position in shares of BNY Mellon Dynamic Value ETF during the first quarter valued at about $52,000. Root Financial Partners LLC bought a new stake in shares of BNY Mellon Dynamic Value ETF in the third quarter worth about $102,000. Fifth Third Bancorp bought a new stake in shares of BNY Mellon Dynamic Value ETF in the first quarter worth about $256,000. PCG Wealth Advisors LLC bought a new stake in shares of BNY Mellon Dynamic Value ETF in the second quarter worth about $449,000. Finally, Investment Insight Wealth Management LLC increased its holdings in BNY Mellon Dynamic Value ETF by 38.6% during the 3rd quarter. Investment Insight Wealth Management LLC now owns 32,062 shares of the company’s stock valued at $1,080,000 after purchasing an additional 8,921 shares during the period.

BNY Mellon Dynamic Value ETF Price Performance

Shares of NYSEARCA:BKDV opened at $34.41 on Friday. The stock’s 50-day moving average is $34.42 and its 200 day moving average is $32.64. The company has a market cap of $2.27 billion, a PE ratio of 20.44 and a beta of 0.71. BNY Mellon Dynamic Value ETF has a 1 year low of $27.35 and a 1 year high of $35.66.

BNY Mellon Dynamic Value ETF Company Profile

The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.