BNY Mellon Ultra Short Income ETF $BKUI Shares Bought by RPOA Advisors Inc.

RPOA Advisors Inc. increased its holdings in BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) by 64.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,418,139 shares of the company’s stock after buying an additional 4,090,678 shares during the period. BNY Mellon Ultra Short Income ETF comprises approximately 15.4% of RPOA Advisors Inc.’s investment portfolio, making the stock its 2nd biggest holding. RPOA Advisors Inc. owned about 0.66% of BNY Mellon Ultra Short Income ETF worth $516,896,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of BKUI. Citadel Advisors LLC lifted its holdings in BNY Mellon Ultra Short Income ETF by 167.8% during the second quarter. Citadel Advisors LLC now owns 28,274 shares of the company’s stock worth $1,407,000 after buying an additional 17,717 shares during the period. Overbrook Management Corp bought a new stake in BNY Mellon Ultra Short Income ETF during the 3rd quarter valued at $499,000. Krilogy Financial LLC purchased a new position in shares of BNY Mellon Ultra Short Income ETF in the 1st quarter valued at $397,000. Envestnet Asset Management Inc. increased its holdings in shares of BNY Mellon Ultra Short Income ETF by 91.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,988 shares of the company’s stock valued at $696,000 after acquiring an additional 6,688 shares during the period. Finally, Venture Visionary Partners LLC increased its holdings in shares of BNY Mellon Ultra Short Income ETF by 7.7% in the 3rd quarter. Venture Visionary Partners LLC now owns 76,885 shares of the company’s stock valued at $3,815,000 after acquiring an additional 5,524 shares during the period.

BNY Mellon Ultra Short Income ETF Price Performance

BKUI opened at $49.58 on Tuesday. BNY Mellon Ultra Short Income ETF has a 12 month low of $49.47 and a 12 month high of $49.96. The stock has a fifty day moving average price of $49.60 and a 200-day moving average price of $49.66.

BNY Mellon Ultra Short Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.1359 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from BNY Mellon Ultra Short Income ETF’s previous monthly dividend of $0.1588. This represents a $1.63 dividend on an annualized basis and a yield of 3.3%.

BNY Mellon Ultra Short Income ETF Profile

The BNY Mellon Ultra Short Income ETF (BKUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed portfolio of investment-grade, USD-denominated fixed income securities with an ultra-short effective duration. The fund aims for high income and low volatility. BKUI was launched on Aug 9, 2021 and is managed by BNY Mellon.