BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sees Significant Decrease in Short Interest
by Renee Jackson · The Cerbat GemBNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC – Get Free Report) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 23,772 shares, a decrease of 26.2% from the November 30th total of 32,200 shares. Based on an average daily volume of 97,196 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 97,196 shares, the short-interest ratio is presently 0.2 days.
BNY Mellon US Large Cap Core Equity ETF Trading Down 0.7%
Shares of NYSEARCA BKLC opened at $130.80 on Thursday. BNY Mellon US Large Cap Core Equity ETF has a twelve month low of $91.90 and a twelve month high of $133.03. The stock has a fifty day simple moving average of $130.37 and a 200-day simple moving average of $125.62. The stock has a market capitalization of $4.75 billion, a PE ratio of 25.44 and a beta of 1.02.
BNY Mellon US Large Cap Core Equity ETF Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 29th will be given a $0.3923 dividend. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.57 annualized dividend and a yield of 1.2%. This is an increase from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.33.
Institutional Trading of BNY Mellon US Large Cap Core Equity ETF
Several hedge funds have recently made changes to their positions in BKLC. Creekmur Asset Management LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter valued at approximately $33,000. FSA Wealth Management LLC acquired a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the second quarter worth $37,000. Center for Financial Planning Inc. acquired a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the third quarter worth $37,000. EverSource Wealth Advisors LLC increased its holdings in BNY Mellon US Large Cap Core Equity ETF by 47.2% in the third quarter. EverSource Wealth Advisors LLC now owns 287 shares of the company’s stock valued at $37,000 after buying an additional 92 shares during the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new position in BNY Mellon US Large Cap Core Equity ETF in the third quarter valued at $90,000.
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.