BNY Mellon Global Infrastructure Income ETF $BKGI is Sovereign Investment Advisors LLC’s 5th Largest Position

Sovereign Investment Advisors LLC lifted its holdings in shares of BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 681,004 shares of the company’s stock after purchasing an additional 52,542 shares during the quarter. BNY Mellon Global Infrastructure Income ETF accounts for approximately 6.9% of Sovereign Investment Advisors LLC’s portfolio, making the stock its 5th largest position. Sovereign Investment Advisors LLC owned about 0.14% of BNY Mellon Global Infrastructure Income ETF worth $27,616,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of BKGI. Morgan Stanley grew its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 279.9% during the fourth quarter. Morgan Stanley now owns 1,651,431 shares of the company’s stock worth $66,619,000 after purchasing an additional 1,216,772 shares in the last quarter. Modern Wealth Management LLC purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF during the third quarter worth about $17,694,000. LPL Financial LLC grew its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 34.0% during the fourth quarter. LPL Financial LLC now owns 1,078,957 shares of the company’s stock worth $43,525,000 after purchasing an additional 273,812 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF during the third quarter worth about $10,247,000. Finally, Waterloo Capital L.P. purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF during the fourth quarter worth about $2,747,000.

BNY Mellon Global Infrastructure Income ETF Trading Down 0.6%

Shares of BATS BKGI opened at $45.61 on Tuesday. BNY Mellon Global Infrastructure Income ETF has a 12 month low of $37.50 and a 12 month high of $46.84. The firm has a market capitalization of $218.93 million, a price-to-earnings ratio of 14.74 and a beta of 0.60. The business has a 50-day moving average of $45.39 and a 200-day moving average of $43.54.

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.