Courier Capital LLC Raises Holdings in BNY Mellon Global Infrastructure Income ETF $BKGI

Courier Capital LLC increased its position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 43.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 69,735 shares of the company’s stock after buying an additional 21,239 shares during the period. Courier Capital LLC’s holdings in BNY Mellon Global Infrastructure Income ETF were worth $2,739,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in BKGI. Sovereign Investment Advisors LLC raised its position in shares of BNY Mellon Global Infrastructure Income ETF by 150.6% in the 2nd quarter. Sovereign Investment Advisors LLC now owns 628,462 shares of the company’s stock worth $24,686,000 after buying an additional 377,665 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF in the 1st quarter worth $11,979,000. Insight Wealth Strategies LLC purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF in the 2nd quarter worth $9,236,000. LPL Financial LLC raised its position in BNY Mellon Global Infrastructure Income ETF by 255.9% in the first quarter. LPL Financial LLC now owns 247,139 shares of the company’s stock valued at $8,519,000 after purchasing an additional 177,696 shares during the period. Finally, Twin Focus Capital Partners LLC purchased a new position in BNY Mellon Global Infrastructure Income ETF in the first quarter valued at about $5,554,000.

BNY Mellon Global Infrastructure Income ETF Price Performance

BATS:BKGI opened at $38.61 on Tuesday. The business’s 50-day moving average is $38.69 and its two-hundred day moving average is $37.58. BNY Mellon Global Infrastructure Income ETF has a 12 month low of $29.16 and a 12 month high of $39.30. The firm has a market capitalization of $185.30 million, a PE ratio of 14.74 and a beta of 0.60.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.3019 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $1.21 annualized dividend and a yield of 3.1%.

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.