Comerica Bank Acquires New Holdings in BNY Mellon Global Infrastructure Income ETF $BKGI

Comerica Bank bought a new stake in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 52,744 shares of the company’s stock, valued at approximately $2,128,000.

A number of other institutional investors have also made changes to their positions in the stock. First Trust Advisors LP purchased a new stake in shares of BNY Mellon Global Infrastructure Income ETF in the 3rd quarter valued at approximately $297,000. Stratos Wealth Partners LTD. acquired a new position in shares of BNY Mellon Global Infrastructure Income ETF in the 4th quarter worth approximately $338,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF during the 3rd quarter worth approximately $407,000. Sanctuary Advisors LLC increased its holdings in BNY Mellon Global Infrastructure Income ETF by 6.7% in the 4th quarter. Sanctuary Advisors LLC now owns 10,109 shares of the company’s stock valued at $408,000 after purchasing an additional 636 shares during the last quarter. Finally, Trademark Financial Management LLC increased its holdings in BNY Mellon Global Infrastructure Income ETF by 18.3% in the 4th quarter. Trademark Financial Management LLC now owns 11,944 shares of the company’s stock valued at $482,000 after purchasing an additional 1,847 shares during the last quarter.

BNY Mellon Global Infrastructure Income ETF Stock Up 0.7%

Shares of BATS BKGI opened at $45.29 on Wednesday. The business’s 50 day moving average is $44.84 and its two-hundred day moving average is $42.36. BNY Mellon Global Infrastructure Income ETF has a 52-week low of $35.88 and a 52-week high of $46.48. The firm has a market cap of $217.39 million, a price-to-earnings ratio of 14.74 and a beta of 0.60.

About BNY Mellon Global Infrastructure Income ETF

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.