Concorde Asset Management LLC Increases Stake in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF)

Concorde Asset Management LLC grew its position in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF) by 12.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,677 shares of the company’s stock after acquiring an additional 6,075 shares during the period. BlackRock U.S. Equity Factor Rotation ETF comprises 1.6% of Concorde Asset Management LLC’s portfolio, making the stock its 15th largest holding. Concorde Asset Management LLC’s holdings in BlackRock U.S. Equity Factor Rotation ETF were worth $2,520,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in DYNF. Envestnet Portfolio Solutions Inc. acquired a new stake in BlackRock U.S. Equity Factor Rotation ETF in the first quarter valued at $379,294,000. Envestnet Asset Management Inc. lifted its stake in shares of BlackRock U.S. Equity Factor Rotation ETF by 12.4% in the second quarter. Envestnet Asset Management Inc. now owns 64,115,092 shares of the company’s stock valued at $3,009,562,000 after purchasing an additional 7,049,707 shares during the period. LPL Financial LLC boosted its holdings in BlackRock U.S. Equity Factor Rotation ETF by 30.2% during the second quarter. LPL Financial LLC now owns 17,406,831 shares of the company’s stock worth $817,077,000 after buying an additional 4,038,905 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of BlackRock U.S. Equity Factor Rotation ETF during the 1st quarter valued at approximately $151,554,000. Finally, Cetera Investment Advisers purchased a new position in BlackRock U.S. Equity Factor Rotation ETF in the 1st quarter valued at approximately $124,212,000.

BlackRock U.S. Equity Factor Rotation ETF Stock Performance

DYNF opened at $48.51 on Thursday. The company has a market cap of $8.39 billion, a price-to-earnings ratio of 24.57 and a beta of 1.15. BlackRock U.S. Equity Factor Rotation ETF has a one year low of $33.31 and a one year high of $49.15. The business’s fifty day moving average is $47.38 and its two-hundred day moving average is $45.73.

BlackRock U.S. Equity Factor Rotation ETF Company Profile

The BlackRock U.S. Equity Factor Rotation ETF (DYNF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of large- and mid-cap US stocks that uses five equity style factors. DYNF was launched on Mar 19, 2019 and is managed by BlackRock.