BNY Mellon Global Infrastructure Income ETF $BKGI Shares Newly Acquired by First Command Advisory Services Inc.

First Command Advisory Services Inc. purchased a new position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,878,237 shares of the company’s stock, valued at approximately $456,124,000. BNY Mellon Global Infrastructure Income ETF accounts for about 2.5% of First Command Advisory Services Inc.’s holdings, making the stock its 8th largest holding. First Command Advisory Services Inc. owned 226.63% of BNY Mellon Global Infrastructure Income ETF as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. NBH Bank bought a new position in BNY Mellon Global Infrastructure Income ETF in the 2nd quarter worth about $42,000. Balefire LLC bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF during the first quarter valued at approximately $265,000. Security Financial Services INC. raised its stake in shares of BNY Mellon Global Infrastructure Income ETF by 6.6% during the third quarter. Security Financial Services INC. now owns 7,709 shares of the company’s stock valued at $323,000 after acquiring an additional 474 shares in the last quarter. Capital Analysts LLC grew its stake in BNY Mellon Global Infrastructure Income ETF by 6.1% in the second quarter. Capital Analysts LLC now owns 7,976 shares of the company’s stock worth $359,000 after purchasing an additional 459 shares in the last quarter. Finally, Flagship Harbor Advisors LLC increased its holdings in BNY Mellon Global Infrastructure Income ETF by 39.7% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 8,031 shares of the company’s stock worth $337,000 after purchasing an additional 2,281 shares during the period.

BNY Mellon Global Infrastructure Income ETF Stock Down 0.3%

BKGI opened at $43.01 on Thursday. The stock’s fifty day moving average is $42.59 and its two-hundred day moving average is $44.29. The company has a market capitalization of $1.97 billion, a P/E ratio of 17.59 and a beta of 0.49. BNY Mellon Global Infrastructure Income ETF has a 52 week low of $39.67 and a 52 week high of $46.84.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.2865 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 2.7%. This is a drop from BNY Mellon Global Infrastructure Income ETF’s previous quarterly dividend of $0.5724. The ex-dividend date of this dividend was Thursday, October 1st.

BNY Mellon Global Infrastructure Income ETF Company 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.