Bank of New York Mellon Corp Invests $561,000 in 3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU)

Bank of New York Mellon Corp purchased a new position in 3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,477 shares of the company’s stock, valued at approximately $561,000.

Separately, Strategic Blueprint LLC purchased a new stake in 3EDGE Dynamic US Equity ETF in the 4th quarter valued at about $1,965,000.

3EDGE Dynamic US Equity ETF Price Performance

Shares of EDGU stock opened at $24.57 on Friday. The company has a market cap of $45.21 million and a P/E ratio of 24.06. The stock has a 50-day moving average of $25.42. 3EDGE Dynamic US Equity ETF has a one year low of $23.90 and a one year high of $26.38.

About 3EDGE Dynamic US Equity ETF

The 3EDGE Dynamic US Equity ETF (EDGU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in US equity securities with a focus on sector and market capitalization selections. The fund adjusts its portfolio in response to U.S EDGU was launched on Oct 3, 2024 and is issued by 3Edge.