89,848 Shares in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 89,848 shares of the company’s stock, valued at approximately $2,718,000. Envestnet Portfolio Solutions Inc. owned 8.32% of Blackrock Advantage Large Cap Income ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of BALI. OneDigital Investment Advisors LLC grew its stake in Blackrock Advantage Large Cap Income ETF by 2.0% during the third quarter. OneDigital Investment Advisors LLC now owns 17,063 shares of the company’s stock valued at $518,000 after acquiring an additional 340 shares in the last quarter. First Horizon Advisors Inc. purchased a new position in shares of Blackrock Advantage Large Cap Income ETF during the 4th quarter valued at $31,000. Global Retirement Partners LLC bought a new position in shares of Blackrock Advantage Large Cap Income ETF in the fourth quarter worth $38,000. Sheets Smith Wealth Management raised its position in shares of Blackrock Advantage Large Cap Income ETF by 27.3% in the fourth quarter. Sheets Smith Wealth Management now owns 18,145 shares of the company’s stock worth $549,000 after buying an additional 3,892 shares in the last quarter. Finally, Synergy Investment Management LLC bought a new stake in Blackrock Advantage Large Cap Income ETF during the fourth quarter valued at $156,000.

Blackrock Advantage Large Cap Income ETF Stock Up 0.9 %

Blackrock Advantage Large Cap Income ETF stock opened at $29.00 on Thursday. The business has a 50-day simple moving average of $30.29 and a 200 day simple moving average of $30.45. Blackrock Advantage Large Cap Income ETF has a 52 week low of $27.31 and a 52 week high of $31.66. The stock has a market cap of $31.32 million, a price-to-earnings ratio of 25.41 and a beta of 0.85.

Blackrock Advantage Large Cap Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2059 per share. This is a positive change from Blackrock Advantage Large Cap Income ETF’s previous dividend of $0.17. The ex-dividend date was Monday, March 3rd.

Blackrock Advantage Large Cap Income ETF Profile

The BlackRock Advantage Large Cap Income ETF (BALI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods BALI was launched on Sep 26, 2023 and is issued by BlackRock.