Symphony Financial Ltd. Co. Makes New Investment in BNY Mellon US Mid Cap Core Equity ETF $BKMC

Symphony Financial Ltd. Co. acquired a new stake in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 7,039 shares of the company’s stock, valued at approximately $758,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its holdings in BNY Mellon US Mid Cap Core Equity ETF by 7.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,304 shares of the company’s stock worth $543,000 after purchasing an additional 345 shares during the period. Cetera Investment Advisers grew its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 6.5% during the second quarter. Cetera Investment Advisers now owns 7,594 shares of the company’s stock worth $777,000 after buying an additional 465 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF during the second quarter worth approximately $60,000. Crux Wealth Advisors raised its holdings in BNY Mellon US Mid Cap Core Equity ETF by 15.9% in the second quarter. Crux Wealth Advisors now owns 5,086 shares of the company’s stock valued at $521,000 after acquiring an additional 696 shares in the last quarter. Finally, Sentinel Pension Advisors LLC lifted its stake in BNY Mellon US Mid Cap Core Equity ETF by 12.4% in the third quarter. Sentinel Pension Advisors LLC now owns 6,338 shares of the company’s stock worth $688,000 after acquiring an additional 697 shares during the last quarter.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.9%

NYSEARCA BKMC opened at $116.54 on Friday. BNY Mellon US Mid Cap Core Equity ETF has a 52 week low of $82.26 and a 52 week high of $118.10. The firm has a 50 day moving average of $111.05 and a two-hundred day moving average of $108.42. The stock has a market capitalization of $646.80 million, a PE ratio of 19.73 and a beta of 1.06.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were issued a $0.4651 dividend. This represents a $1.86 annualized dividend and a yield of 1.6%. This is a boost from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Monday, December 29th.

BNY Mellon US Mid Cap Core Equity ETF 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.