Legacy CG LLC raised its position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI – Free Report) by 2.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 450,607 shares of the company’s stock after acquiring an additional 12,832 shares during the quarter. BNY Mellon Global Infrastructure Income ETF makes up 4.8% of Legacy CG LLC’s portfolio, making the stock its 4th biggest holding. Legacy CG LLC owned 9.39% of BNY Mellon Global Infrastructure Income ETF worth $18,894,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Security Financial Services INC. increased its position in shares of BNY Mellon Global Infrastructure Income ETF by 6.6% during the 3rd quarter. Security Financial Services INC. now owns 7,709 shares of the company’s stock valued at $323,000 after purchasing an additional 474 shares during the last quarter. Total Clarity Wealth Management Inc. lifted its stake in shares of BNY Mellon Global Infrastructure Income ETF by 6.6% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 12,585 shares of the company’s stock worth $528,000 after purchasing an additional 775 shares during the period. Park Avenue Securities LLC purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF in the third quarter worth approximately $894,000. Flagship Harbor Advisors LLC boosted its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 39.7% in the third quarter. Flagship Harbor Advisors LLC now owns 8,031 shares of the company’s stock worth $337,000 after buying an additional 2,281 shares during the last quarter. Finally, Lakeside Advisors INC. purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF in the third quarter worth approximately $352,000.
BNY Mellon Global Infrastructure Income ETF Trading Up 0.3%
Shares of BATS BKGI opened at $42.62 on Wednesday. The firm has a 50 day moving average of $42.78 and a 200 day moving average of $44.24. The firm has a market capitalization of $204.58 million, a price-to-earnings ratio of 14.74 and a beta of 0.60. BNY Mellon Global Infrastructure Income ETF has a 12-month low of $39.50 and a 12-month high of $46.84.
BNY Mellon Global Infrastructure Income 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 given a $0.2865 dividend. The ex-dividend date was Thursday, October 1st. This is a drop from BNY Mellon Global Infrastructure Income ETF’s previous quarterly dividend of $0.5724. This represents a $1.15 annualized dividend and a yield of 2.7%.
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.
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