Dynamic Advisor Solutions LLC Invests $7.49 Million in BNY Mellon Global Infrastructure Income ETF $BKGI

Dynamic Advisor Solutions LLC bought a new stake in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 166,581 shares of the company’s stock, valued at approximately $7,491,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Kestra Advisory Services LLC bought a new stake in BNY Mellon Global Infrastructure Income ETF in the fourth quarter valued at approximately $30,000. CIBC Private Wealth Group LLC raised its stake in BNY Mellon Global Infrastructure Income ETF by 516.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 3,084 shares of the company’s stock worth $124,000 after buying an additional 2,584 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in BNY Mellon Global Infrastructure Income ETF in the fourth quarter worth about $205,000. Total Clarity Wealth Management Inc. bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF during the first quarter valued at approximately $225,000. Finally, Balefire LLC bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF during the 1st quarter valued at $265,000.

BNY Mellon Global Infrastructure Income ETF Stock Performance

Shares of BKGI opened at $44.74 on Thursday. The stock has a market cap of $214.75 million, a PE ratio of 14.74 and a beta of 0.60. The firm’s 50-day simple moving average is $45.21 and its two-hundred day simple moving average is $44.75. BNY Mellon Global Infrastructure Income ETF has a fifty-two week low of $37.50 and a fifty-two week high of $46.84.

BNY Mellon Global Infrastructure Income ETF 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.