WealthCare Investment Partners LLC Acquires New Position in BNY Mellon Global Infrastructure Income ETF $BKGI

WealthCare Investment Partners LLC bought a new position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 13,153 shares of the company’s stock, valued at approximately $538,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BKGI. Modern Wealth Management LLC bought a new position in shares of BNY Mellon Global Infrastructure Income ETF in the third quarter worth approximately $17,694,000. Raymond James Financial Inc. bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF during the 3rd quarter valued at $10,247,000. Osaic Holdings Inc. raised its position in shares of BNY Mellon Global Infrastructure Income ETF by 9,214.6% during the 2nd quarter. Osaic Holdings Inc. now owns 68,462 shares of the company’s stock valued at $2,689,000 after purchasing an additional 67,727 shares during the period. 3EDGE Asset Management LP purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF during the 3rd quarter valued at $2,387,000. Finally, CWM LLC lifted its stake in shares of BNY Mellon Global Infrastructure Income ETF by 24.5% during the 3rd quarter. CWM LLC now owns 300,572 shares of the company’s stock valued at $11,703,000 after buying an additional 59,190 shares in the last quarter.

BNY Mellon Global Infrastructure Income ETF Stock Performance

Shares of BNY Mellon Global Infrastructure Income ETF stock opened at $43.43 on Friday. BNY Mellon Global Infrastructure Income ETF has a fifty-two week low of $31.25 and a fifty-two week high of $46.48. The company has a market capitalization of $208.46 million, a P/E ratio of 14.74 and a beta of 0.60. The company has a fifty day moving average of $43.63 and a 200 day moving average of $41.02.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 29th were paid a $0.224 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.1%.

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.