BNY Mellon Global Infrastructure Income ETF $BKGI Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC boosted its position 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 institutional investor owned 140,450 shares of the company’s stock after buying an additional 39,359 shares during the period. Private Advisor Group LLC’s holdings in BNY Mellon Global Infrastructure Income ETF were worth $5,468,000 at the end of the most recent quarter.

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

BNY Mellon Global Infrastructure Income ETF Stock Performance

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

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 29th were given a $0.224 dividend. This represents a $0.90 dividend on an annualized basis and a dividend 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.