Lantern Wealth Advisors LLC Buys 14,473 Shares of BNY Mellon US Large Cap Core Equity ETF $BKLC

Lantern Wealth Advisors LLC increased its stake in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 210.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,363 shares of the company’s stock after purchasing an additional 14,473 shares during the quarter. Lantern Wealth Advisors LLC’s holdings in BNY Mellon US Large Cap Core Equity ETF were worth $1,044,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BKLC. RPOA Advisors Inc. grew its holdings in BNY Mellon US Large Cap Core Equity ETF by 176.5% during the third quarter. RPOA Advisors Inc. now owns 30,295,291 shares of the company’s stock valued at $1,480,228,000 after purchasing an additional 19,338,129 shares during the period. Royal Bank of Canada raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 2,374.0% in the first quarter. Royal Bank of Canada now owns 411,647 shares of the company’s stock valued at $51,377,000 after buying an additional 395,008 shares during the period. WealthBridge Capital Management LLC raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 207.5% in the third quarter. WealthBridge Capital Management LLC now owns 479,096 shares of the company’s stock valued at $23,409,000 after buying an additional 323,273 shares during the period. Bank of New York Mellon Corp raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 12.9% in the first quarter. Bank of New York Mellon Corp now owns 1,526,246 shares of the company’s stock valued at $190,491,000 after buying an additional 174,048 shares during the period. Finally, Stadion Money Management LLC lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 32.8% during the 1st quarter. Stadion Money Management LLC now owns 607,509 shares of the company’s stock valued at $75,823,000 after buying an additional 150,119 shares during the last quarter.

BNY Mellon US Large Cap Core Equity ETF Price Performance

Shares of NYSEARCA BKLC traded down $0.24 during trading on Friday, reaching $48.54. 288,057 shares of the stock traded hands, compared to its average volume of 713,245. The stock has a market capitalization of $6.75 billion, a P/E ratio of 25.44 and a beta of 1.02. BNY Mellon US Large Cap Core Equity ETF has a 52-week low of $40.21 and a 52-week high of $50.01. The company has a 50-day moving average of $49.10 and a 200-day moving average of $47.79.

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. Investors of record on Thursday, October 1st were paid a $0.1260 dividend. The ex-dividend date was Thursday, October 1st. This represents a $0.50 dividend on an annualized basis and a yield of 1.0%. This is a decrease from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.3828.

About BNY Mellon US Large Cap Core Equity ETF

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.