BNY Mellon Global Infrastructure Income ETF $BKGI Stake Boosted by Base Wealth Management LLC

Base Wealth Management LLC increased its position in shares of BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 59.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,220 shares of the company’s stock after acquiring an additional 12,721 shares during the period. BNY Mellon Global Infrastructure Income ETF comprises approximately 0.8% of Base Wealth Management LLC’s portfolio, making the stock its 24th biggest holding. Base Wealth Management LLC’s holdings in BNY Mellon Global Infrastructure Income ETF were worth $1,332,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Private Trust Co. NA purchased a new position in BNY Mellon Global Infrastructure Income ETF in the second quarter valued at about $49,000. Astoria Portfolio Advisors LLC. bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF in the 2nd quarter valued at approximately $309,000. Steward Partners Investment Advisory LLC bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF in the 2nd quarter valued at approximately $338,000. Smith Moore & CO. increased its holdings in BNY Mellon Global Infrastructure Income ETF by 8.5% in the second quarter. Smith Moore & CO. now owns 9,697 shares of the company’s stock worth $381,000 after buying an additional 763 shares during the last quarter. Finally, Trademark Financial Management LLC bought a new position in BNY Mellon Global Infrastructure Income ETF during the second quarter valued at approximately $387,000.

BNY Mellon Global Infrastructure Income ETF Stock Up 0.7%

BATS BKGI opened at $40.38 on Tuesday. The stock has a market capitalization of $193.80 million, a PE ratio of 14.74 and a beta of 0.60. BNY Mellon Global Infrastructure Income ETF has a 12-month low of $29.16 and a 12-month high of $39.30. The company has a 50 day moving average price of $40.14 and a two-hundred day moving average price of $39.19.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Monday, December 29th will be issued a $0.224 dividend. The ex-dividend date is Monday, December 29th. This represents a $0.90 dividend on an annualized basis and a yield of 2.2%.

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.