Comerica Bank Takes $74,000 Position in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI)

Comerica Bank acquired a new stake in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 2,461 shares of the company’s stock, valued at approximately $74,000.

A number of other large investors have also added to or reduced their stakes in BALI. Johnson Financial Group Inc. bought a new position in Blackrock Advantage Large Cap Income ETF in the 4th quarter worth about $46,000. MML Investors Services LLC purchased a new stake in Blackrock Advantage Large Cap Income ETF during the 4th quarter valued at $1,859,000. Concourse Financial Group Securities Inc. purchased a new position in shares of Blackrock Advantage Large Cap Income ETF in the fourth quarter worth $413,000. NewEdge Advisors LLC purchased a new position in shares of Blackrock Advantage Large Cap Income ETF in the fourth quarter worth $186,000. Finally, Maxwell Wealth Strategies Inc. bought a new position in shares of Blackrock Advantage Large Cap Income ETF during the fourth quarter valued at $434,000.

Blackrock Advantage Large Cap Income ETF Stock Performance

NYSEARCA BALI opened at $29.27 on Monday. Blackrock Advantage Large Cap Income ETF has a one year low of $25.05 and a one year high of $31.66. The stock has a 50-day moving average of $27.98 and a 200 day moving average of $29.77. The company has a market capitalization of $31.61 million, a price-to-earnings ratio of 23.41 and a beta of 0.85.

Blackrock Advantage Large Cap Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.2059 per share. This is an increase 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 Company 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.