Global Retirement Partners LLC Buys New Shares in BNY Mellon Ultra Short Income ETF $BKUI

Global Retirement Partners LLC bought a new position in shares of BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 39,100 shares of the company’s stock, valued at approximately $1,953,000. Global Retirement Partners LLC owned approximately 0.83% of BNY Mellon Ultra Short Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new stake in shares of BNY Mellon Ultra Short Income ETF during the 2nd quarter valued at $31,000. Raymond James Financial Inc. purchased a new stake in shares of BNY Mellon Ultra Short Income ETF during the second quarter valued at $138,000. HBW Advisory Services LLC purchased a new stake in shares of BNY Mellon Ultra Short Income ETF during the third quarter valued at $212,000. Flagship Harbor Advisors LLC acquired a new position in shares of BNY Mellon Ultra Short Income ETF in the 2nd quarter valued at $918,000. Finally, ZEGA Investments LLC increased its stake in BNY Mellon Ultra Short Income ETF by 24.2% in the 2nd quarter. ZEGA Investments LLC now owns 24,220 shares of the company’s stock worth $1,208,000 after purchasing an additional 4,716 shares in the last quarter.

BNY Mellon Ultra Short Income ETF Stock Performance

NYSEARCA BKUI opened at $49.78 on Wednesday. BNY Mellon Ultra Short Income ETF has a 1 year low of $49.36 and a 1 year high of $50.93. The stock’s 50-day moving average price is $49.83 and its two-hundred day moving average price is $49.83.

BNY Mellon Ultra Short Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were given a $0.2071 dividend. This is a boost from BNY Mellon Ultra Short Income ETF’s previous monthly dividend of $0.16. The ex-dividend date was Monday, December 29th. This represents a c) annualized dividend and a dividend yield of 5.0%.

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.