BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 12-Month High After Dividend Announcement

BNY Mellon International Equity ETF (NYSEARCA:BKIE)’s stock price reached a new 52-week high on Monday after the company announced a dividend. The stock traded as high as $94.23 and last traded at $92.9370, with a volume of 25419 shares. The stock had previously closed at $93.93.

The newly announced dividend which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 29th will be given a dividend of $1.0429 per share. This represents a $4.17 annualized dividend and a dividend yield of 4.5%. This is a positive change from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.52. The ex-dividend date is Monday, December 29th.

BNY Mellon International Equity ETF Price Performance

The stock has a market capitalization of $1.07 billion, a P/E ratio of 16.44 and a beta of 0.85. The stock’s fifty day moving average price is $90.96 and its 200 day moving average price is $88.33.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. RPOA Advisors Inc. increased its stake in shares of BNY Mellon International Equity ETF by 9.9% during the third quarter. RPOA Advisors Inc. now owns 4,271,163 shares of the company’s stock valued at $382,483,000 after buying an additional 385,468 shares during the period. Sentinel Pension Advisors LLC grew its holdings in BNY Mellon International Equity ETF by 3.0% during the 2nd quarter. Sentinel Pension Advisors LLC now owns 602,500 shares of the company’s stock worth $51,917,000 after acquiring an additional 17,333 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of BNY Mellon International Equity ETF by 5.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 582,641 shares of the company’s stock worth $52,176,000 after purchasing an additional 29,191 shares during the period. MGO One Seven LLC boosted its stake in shares of BNY Mellon International Equity ETF by 5.2% during the third quarter. MGO One Seven LLC now owns 431,756 shares of the company’s stock valued at $38,664,000 after purchasing an additional 21,215 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in BNY Mellon International Equity ETF by 95.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 390,947 shares of the company’s stock valued at $35,009,000 after buying an additional 191,020 shares during the period.

BNY Mellon International Equity ETF Company Profile

The BNY Mellon International Equity ETF (BKIE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index of large-caps in the Developed Markets outside of US. BKIE was launched on Apr 24, 2020 and is managed by BNY Mellon.