Private Advisor Group LLC Boosts Position in BNY Mellon Global Infrastructure Income ETF $BKGI

Private Advisor Group LLC raised its holdings in shares of BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 38.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 140,450 shares of the company’s stock after acquiring an additional 39,359 shares during the period. Private Advisor Group LLC owned approximately 2.93% of BNY Mellon Global Infrastructure Income ETF worth $5,468,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in BKGI. First Trust Advisors LP acquired a new stake in shares of BNY Mellon Global Infrastructure Income ETF in the third quarter worth $297,000. Steward Partners Investment Advisory LLC purchased a new stake in BNY Mellon Global Infrastructure Income ETF in the second quarter valued at $338,000. Astoria Portfolio Advisors LLC. boosted its holdings in BNY Mellon Global Infrastructure Income ETF by 14.1% in the third quarter. Astoria Portfolio Advisors LLC. now owns 9,053 shares of the company’s stock valued at $350,000 after purchasing an additional 1,121 shares during the last quarter. Smith Moore & CO. grew its position in BNY Mellon Global Infrastructure Income ETF by 8.5% during the 2nd quarter. Smith Moore & CO. now owns 9,697 shares of the company’s stock worth $381,000 after purchasing an additional 763 shares during the period. Finally, Trilogy Capital Inc. acquired a new stake in BNY Mellon Global Infrastructure Income ETF during the 3rd quarter worth about $512,000.

BNY Mellon Global Infrastructure Income ETF Stock Performance

BATS BKGI opened at $44.40 on Friday. The firm has a market capitalization of $213.12 million, a P/E ratio of 14.74 and a beta of 0.60. The stock has a 50-day simple moving average of $43.16 and a two-hundred day simple moving average of $40.77. BNY Mellon Global Infrastructure Income ETF has a fifty-two week low of $31.25 and a fifty-two week high of $46.48.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were given a dividend of $0.224 per share. This represents a $0.90 annualized dividend and a yield of 2.0%. The ex-dividend date was Monday, December 29th.

BNY Mellon Global Infrastructure Income ETF Company Profile

The Bny Mellon Global Infrastructure Income ETF (BKGI) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund is an actively managed fund of global dividend-paying companies involved in the infrastructure industry. BKGI was launched on Nov 2, 2022 and is managed by BNY Mellon.