ZEGA Investments LLC Boosts Stake in BNY Mellon Ultra Short Income ETF $BKUI

ZEGA Investments LLC grew its holdings in BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) by 24.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,220 shares of the company’s stock after purchasing an additional 4,716 shares during the period. ZEGA Investments LLC owned approximately 0.52% of BNY Mellon Ultra Short Income ETF worth $1,208,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. PCG Wealth Advisors LLC purchased a new position in BNY Mellon Ultra Short Income ETF during the first quarter worth about $2,957,000. Total Investment Management Inc. boosted its position in shares of BNY Mellon Ultra Short Income ETF by 2.4% during the 1st quarter. Total Investment Management Inc. now owns 1,869,526 shares of the company’s stock worth $93,232,000 after purchasing an additional 43,234 shares during the period. RPOA Advisors Inc. boosted its position in shares of BNY Mellon Ultra Short Income ETF by 4.1% during the 2nd quarter. RPOA Advisors Inc. now owns 739,315 shares of the company’s stock worth $36,877,000 after purchasing an additional 29,394 shares during the period. Flow Traders U.S. LLC increased its holdings in BNY Mellon Ultra Short Income ETF by 194.0% in the 1st quarter. Flow Traders U.S. LLC now owns 34,613 shares of the company’s stock valued at $1,726,000 after purchasing an additional 22,841 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in BNY Mellon Ultra Short Income ETF in the second quarter valued at approximately $918,000.

BNY Mellon Ultra Short Income ETF Stock Performance

NYSEARCA:BKUI opened at $49.79 on Friday. BNY Mellon Ultra Short Income ETF has a 52 week low of $49.36 and a 52 week high of $50.93. The stock’s fifty day moving average is $49.86 and its two-hundred day moving average is $49.80.

BNY Mellon Ultra Short Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a dividend of $0.1852 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.5%.

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.