Envestnet Asset Management Inc. Purchases 17,245 Shares of BNY Mellon Dynamic Value ETF $BKDV

Envestnet Asset Management Inc. raised its position in BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) by 17.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 116,355 shares of the company’s stock after acquiring an additional 17,245 shares during the period. Envestnet Asset Management Inc. owned approximately 0.61% of BNY Mellon Dynamic Value ETF worth $3,235,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Atlantic Union Bankshares Corp bought a new position in shares of BNY Mellon Dynamic Value ETF in the 3rd quarter worth $84,000. Integrity Alliance LLC. acquired a new position in BNY Mellon Dynamic Value ETF during the second quarter worth $202,000. FAS Wealth Partners Inc. bought a new position in shares of BNY Mellon Dynamic Value ETF in the second quarter valued at $212,000. Trademark Financial Management LLC grew its holdings in shares of BNY Mellon Dynamic Value ETF by 16.6% during the third quarter. Trademark Financial Management LLC now owns 12,879 shares of the company’s stock valued at $358,000 after buying an additional 1,829 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of BNY Mellon Dynamic Value ETF during the first quarter worth about $643,000.

BNY Mellon Dynamic Value ETF Stock Performance

BKDV stock opened at $30.88 on Thursday. The business has a 50-day simple moving average of $30.15 and a two-hundred day simple moving average of $28.68. The company has a market capitalization of $893.05 million, a P/E ratio of 19.68 and a beta of 1.02. BNY Mellon Dynamic Value ETF has a 52-week low of $21.87 and a 52-week high of $31.23.

BNY Mellon Dynamic Value ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were given a dividend of $0.179 per share. This represents a dividend yield of 61.0%. The ex-dividend date of this dividend was Monday, December 29th.

BNY Mellon Dynamic Value ETF Company Profile

The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.