David Kennon Inc Purchases 41,135 Shares of BNY Mellon US Large Cap Core Equity ETF $BKLC

David Kennon Inc raised its position in shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 204.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 61,250 shares of the company’s stock after buying an additional 41,135 shares during the period. BNY Mellon US Large Cap Core Equity ETF comprises about 1.0% of David Kennon Inc’s investment portfolio, making the stock its 24th biggest holding. David Kennon Inc owned approximately 0.05% of BNY Mellon US Large Cap Core Equity ETF worth $2,993,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Forvis Mazars Wealth Advisors LLC raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 200.0% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 5,658 shares of the company’s stock valued at $276,000 after acquiring an additional 3,772 shares during the last quarter. Peterson Wealth Advisors LLC grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 200.5% in the third quarter. Peterson Wealth Advisors LLC now owns 8,800 shares of the company’s stock worth $430,000 after purchasing an additional 5,872 shares during the last quarter. Wealth Group Ltd grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 231.5% in the third quarter. Wealth Group Ltd now owns 46,598 shares of the company’s stock worth $2,294,000 after purchasing an additional 32,540 shares during the last quarter. Collective Family Office LLC grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 187.8% in the third quarter. Collective Family Office LLC now owns 33,548 shares of the company’s stock worth $1,639,000 after purchasing an additional 21,891 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 16.0% in the second quarter. Envestnet Asset Management Inc. now owns 128,639 shares of the company’s stock worth $18,446,000 after purchasing an additional 17,699 shares during the last quarter.

BNY Mellon US Large Cap Core Equity ETF Price Performance

NYSEARCA:BKLC traded down $0.04 during mid-day trading on Tuesday, reaching $49.75. 441,389 shares of the company’s stock traded hands, compared to its average volume of 711,952. BNY Mellon US Large Cap Core Equity ETF has a 12-month low of $40.21 and a 12-month high of $50.01. The firm has a market capitalization of $5.93 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02. The company has a 50 day moving average price of $49.15 and a 200-day moving average price of $47.34.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

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

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.