Carolina Wealth Advisors LLC Buys 270,392 Shares of BNY Mellon US Large Cap Core Equity ETF $BKLC

Carolina Wealth Advisors LLC raised its stake in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 228.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 388,536 shares of the company’s stock after purchasing an additional 270,392 shares during the quarter. BNY Mellon US Large Cap Core Equity ETF makes up 6.6% of Carolina Wealth Advisors LLC’s holdings, making the stock its 2nd largest position. Carolina Wealth Advisors LLC’s holdings in BNY Mellon US Large Cap Core Equity ETF were worth $18,984,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BKLC. Sowell Financial Services LLC boosted its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 200.0% during the 3rd quarter. Sowell Financial Services LLC now owns 6,795 shares of the company’s stock valued at $332,000 after buying an additional 4,530 shares during the period. Lantern Wealth Advisors LLC grew its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 210.1% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 21,363 shares of the company’s stock valued at $1,044,000 after acquiring an additional 14,473 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 200.0% in the third quarter. Fifth Third Wealth Advisors LLC now owns 4,290 shares of the company’s stock worth $210,000 after acquiring an additional 2,860 shares during the last quarter. Kings Path Partners LLC acquired a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the third quarter worth $86,000. Finally, Single Point Partners LLC increased its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 200.8% in the third quarter. Single Point Partners LLC now owns 27,498 shares of the company’s stock worth $1,347,000 after acquiring an additional 18,356 shares during the last quarter.

BNY Mellon US Large Cap Core Equity ETF Trading Down 0.5%

Shares of NYSEARCA:BKLC opened at $48.54 on Friday. BNY Mellon US Large Cap Core Equity ETF has a 1 year low of $40.21 and a 1 year high of $50.01. The business has a fifty day simple moving average of $49.10 and a 200 day simple moving average of $47.79. The firm has a market cap of $6.75 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.1260 dividend. 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. The ex-dividend date was Thursday, October 1st.

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.