30,322 Shares in BNY Mellon Global Infrastructure Income ETF $BKGI Bought by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) in the second quarter, HoldingsChannel reports. The fund purchased 30,322 shares of the company’s stock, valued at approximately $1,191,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Private Trust Co. NA bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF in the 2nd quarter worth about $49,000. Barnes Wealth Management Group Inc bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF in the 1st quarter worth about $224,000. Astoria Portfolio Advisors LLC. bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF in the 2nd quarter worth about $309,000. Trademark Financial Management LLC bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF in the 2nd quarter worth about $387,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF in the 1st quarter worth about $439,000.

BNY Mellon Global Infrastructure Income ETF Stock Performance

BKGI opened at $39.76 on Friday. The company has a 50-day moving average of $38.80 and a 200-day moving average of $38.10. The company has a market capitalization of $190.86 million, a P/E ratio of 14.74 and a beta of 0.60. BNY Mellon Global Infrastructure Income ETF has a 1-year low of $29.16 and a 1-year high of $39.30.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.3019 dividend. This represents a $1.21 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.