Bank of New York Mellon Corp Takes $73.47 Million Position in iShares Large Cap Core Active ETF $BLCR

Bank of New York Mellon Corp acquired a new stake in iShares Large Cap Core Active ETF (NASDAQ:BLCR) during the 1st quarter, Holdings Channel.com reports. The firm acquired 1,789,379 shares of the company’s stock, valued at approximately $73,472,000.

Several other institutional investors and hedge funds have also recently modified their holdings of BLCR. AdvisorNet Financial Inc purchased a new position in iShares Large Cap Core Active ETF during the 1st quarter valued at about $56,000. Mosaic Advisors LLC acquired a new position in iShares Large Cap Core Active ETF in the 1st quarter valued at about $235,000. Worth Asset Management LLC grew its position in iShares Large Cap Core Active ETF by 2.9% in the 1st quarter. Worth Asset Management LLC now owns 10,750 shares of the company’s stock valued at $441,000 after acquiring an additional 300 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in iShares Large Cap Core Active ETF during the first quarter worth about $3,066,000. Finally, Beacon Financial Group purchased a new stake in iShares Large Cap Core Active ETF during the first quarter worth about $8,807,000.

iShares Large Cap Core Active ETF Stock Performance

Shares of BLCR opened at $49.23 on Thursday. The company’s 50-day simple moving average is $49.67 and its 200-day simple moving average is $45.89. iShares Large Cap Core Active ETF has a 1 year low of $36.69 and a 1 year high of $51.02. The stock has a market capitalization of $6.43 billion, a PE ratio of 29.58 and a beta of 1.18.

iShares Large Cap Core Active ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.0581 per share. This represents a $0.23 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 15th. This is an increase from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.00.

iShares Large Cap Core Active ETF Profile

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.