BNY Mellon US Mid Cap Core Equity ETF $BKMC Shares Acquired by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. boosted its holdings in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) by 111.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,969 shares of the company’s stock after purchasing an additional 33,687 shares during the quarter. Geneos Wealth Management Inc. owned about 1.20% of BNY Mellon US Mid Cap Core Equity ETF worth $6,548,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SVB Wealth LLC purchased a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF during the 1st quarter worth approximately $30,000. Raymond James Financial Inc. purchased a new stake in BNY Mellon US Mid Cap Core Equity ETF in the second quarter valued at $60,000. Key Financial Inc boosted its stake in BNY Mellon US Mid Cap Core Equity ETF by 56.4% in the second quarter. Key Financial Inc now owns 3,713 shares of the company’s stock valued at $380,000 after acquiring an additional 1,339 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 105.1% during the first quarter. Goldman Sachs Group Inc. now owns 4,585 shares of the company’s stock worth $438,000 after purchasing an additional 2,349 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 4.6% during 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 during the last quarter.

BNY Mellon US Mid Cap Core Equity ETF Stock Performance

BNY Mellon US Mid Cap Core Equity ETF stock opened at $110.75 on Monday. The company has a market capitalization of $616.88 million, a P/E ratio of 19.73 and a beta of 1.06. BNY Mellon US Mid Cap Core Equity ETF has a fifty-two week low of $82.26 and a fifty-two week high of $112.69. The stock has a 50-day simple moving average of $108.12 and a 200-day simple moving average of $105.94.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a $0.3492 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This is an increase 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 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.