Orion Porfolio Solutions LLC Buys New Position in BNY Mellon US Large Cap Core Equity ETF $BKLC

Orion Porfolio Solutions LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 9,230 shares of the company’s stock, valued at approximately $1,093,000.

A number of other large investors have also modified their holdings of BKLC. Clear Point Advisors Inc. boosted its stake in BNY Mellon US Large Cap Core Equity ETF by 12.6% in the 2nd quarter. Clear Point Advisors Inc. now owns 3,058 shares of the company’s stock worth $362,000 after purchasing an additional 341 shares in the last quarter. HighTower Advisors LLC increased its stake in BNY Mellon US Large Cap Core Equity ETF by 12.6% during the 1st quarter. HighTower Advisors LLC now owns 3,546 shares of the company’s stock valued at $377,000 after purchasing an additional 396 shares in the last quarter. Empower Advisory Group LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the second quarter worth $274,000. Accredited Investors Inc. acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF during the second quarter worth $230,000. Finally, Envestnet Asset Management Inc. lifted its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 62.3% during the second quarter. Envestnet Asset Management Inc. now owns 74,631 shares of the company’s stock worth $8,839,000 after buying an additional 28,634 shares during the period.

BNY Mellon US Large Cap Core Equity ETF Price Performance

Shares of BKLC opened at $132.32 on Wednesday. The company’s fifty day moving average price is $129.88 and its 200-day moving average price is $124.97. BNY Mellon US Large Cap Core Equity ETF has a 1-year low of $91.90 and a 1-year high of $132.50. The firm has a market capitalization of $4.80 billion, a PE ratio of 25.44 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.3264 per share. This represents a $1.31 annualized dividend and a yield of 1.0%. The ex-dividend date was Wednesday, October 1st.

BNY Mellon US Large Cap Core Equity ETF Company 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.