RPOA Advisors Inc. Acquires 5,678,543 Shares of BNY Mellon Ultra Short Income ETF $BKUI

RPOA Advisors Inc. increased its holdings in shares of BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) by 896.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,312,334 shares of the company’s stock after purchasing an additional 5,678,543 shares during the period. BNY Mellon Ultra Short Income ETF makes up 13.8% of RPOA Advisors Inc.’s portfolio, making the stock its 3rd biggest position. RPOA Advisors Inc. owned approximately 55.86% of BNY Mellon Ultra Short Income ETF worth $314,260,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Krilogy Financial LLC acquired a new position in shares of BNY Mellon Ultra Short Income ETF during the first quarter worth about $397,000. LPL Financial LLC raised its stake in BNY Mellon Ultra Short Income ETF by 28.8% in the 4th quarter. LPL Financial LLC now owns 30,879 shares of the company’s stock worth $1,536,000 after purchasing an additional 6,913 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in BNY Mellon Ultra Short Income ETF in the 4th quarter valued at about $558,000. PCG Wealth Advisors LLC boosted its holdings in BNY Mellon Ultra Short Income ETF by 1.2% in the 4th quarter. PCG Wealth Advisors LLC now owns 34,762 shares of the company’s stock valued at $1,729,000 after purchasing an additional 423 shares during the period. Finally, Western Wealth Management LLC bought a new stake in BNY Mellon Ultra Short Income ETF in the 4th quarter valued at about $973,000.

BNY Mellon Ultra Short Income ETF Stock Performance

Shares of NYSEARCA:BKUI opened at $49.72 on Wednesday. BNY Mellon Ultra Short Income ETF has a 12-month low of $49.54 and a 12-month high of $49.96. The company’s 50 day moving average price is $49.73 and its two-hundred day moving average price is $49.77.

BNY Mellon Ultra Short Income ETF Company Profile

The BNY Mellon Ultra Short Income ETF (BKUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed portfolio of investment-grade, USD-denominated fixed income securities with an ultra-short effective duration. The fund aims for high income and low volatility. BKUI was launched on Aug 9, 2021 and is managed by BNY Mellon.