BNY Mellon US Mid Cap Core Equity ETF $BKMC Stake Lifted by Key Financial Inc

Key Financial Inc increased its stake in shares of BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) by 56.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,713 shares of the company’s stock after buying an additional 1,339 shares during the quarter. Key Financial Inc owned about 0.07% of BNY Mellon US Mid Cap Core Equity ETF worth $380,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. SVB Wealth LLC bought a new position in BNY Mellon US Mid Cap Core Equity ETF during the 1st quarter worth $30,000. Accredited Investors Inc. bought a new position in BNY Mellon US Mid Cap Core Equity ETF during the 1st quarter worth $223,000. M&T Bank Corp bought a new position in BNY Mellon US Mid Cap Core Equity ETF during the 1st quarter worth $237,000. Goldman Sachs Group Inc. grew its stake 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 buying an additional 2,349 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 worth $453,000 after purchasing an additional 207 shares in the last quarter.

BNY Mellon US Mid Cap Core Equity ETF Stock Performance

NYSEARCA:BKMC opened at $107.70 on Tuesday. BNY Mellon US Mid Cap Core Equity ETF has a 1 year low of $82.26 and a 1 year high of $111.07. The stock has a market cap of $599.89 million, a price-to-earnings ratio of 19.73 and a beta of 1.06. The business has a fifty day moving average of $108.48 and a 200-day moving average of $103.48.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.3492 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This is a positive change from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.33. This represents a $1.40 annualized dividend and a dividend yield of 1.3%.

BNY Mellon US Mid Cap Core Equity ETF Company 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.