Flagship Wealth Advisors LLC Buys 269,922 Shares of BNY Mellon International Equity ETF $BKIE

Flagship Wealth Advisors LLC increased its stake in BNY Mellon International Equity ETF (NYSEARCA:BKIE) by 231.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 386,480 shares of the company’s stock after purchasing an additional 269,922 shares during the quarter. BNY Mellon International Equity ETF makes up approximately 2.8% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Flagship Wealth Advisors LLC owned approximately 0.97% of BNY Mellon International Equity ETF worth $12,912,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Royal Bank of Canada grew its holdings in BNY Mellon International Equity ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 4,776 shares of the company’s stock valued at $446,000 after purchasing an additional 114 shares during the period. Rockefeller Capital Management L.P. raised its stake in shares of BNY Mellon International Equity ETF by 57.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 503 shares of the company’s stock worth $47,000 after buying an additional 183 shares during the period. Arlington Trust Co LLC bought a new position in shares of BNY Mellon International Equity ETF in the second quarter worth about $101,000. Envestnet Asset Management Inc. lifted its position in shares of BNY Mellon International Equity ETF by 1.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 63,759 shares of the company’s stock valued at $6,414,000 after buying an additional 1,086 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of BNY Mellon International Equity ETF during the 3rd quarter valued at about $71,000.

BNY Mellon International Equity ETF Price Performance

Shares of NYSEARCA:BKIE traded down $0.31 during mid-day trading on Friday, reaching $32.66. 179,823 shares of the company traded hands, compared to its average volume of 218,532. BNY Mellon International Equity ETF has a 52 week low of $28.96 and a 52 week high of $35.18. The firm has a market cap of $1.30 billion, a PE ratio of 16.44 and a beta of 0.80. The company’s 50 day moving average price is $33.64 and its 200-day moving average price is $33.14.

BNY Mellon International Equity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.1911 per share. This is a drop from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.8702. This represents a $0.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Thursday, October 1st.

BNY Mellon International Equity ETF 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.