BNY Mellon Global Infrastructure Income ETF $BKGI Shares Acquired by Cwm LLC

Cwm LLC grew its holdings in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 5.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 241,382 shares of the company’s stock after acquiring an additional 12,688 shares during the quarter. Cwm LLC owned 5.03% of BNY Mellon Global Infrastructure Income ETF worth $9,481,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BKGI. Community Bank N.A. boosted its holdings in BNY Mellon Global Infrastructure Income ETF by 59.3% in the first quarter. Community Bank N.A. now owns 69,207 shares of the company’s stock worth $2,386,000 after acquiring an additional 25,761 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of BNY Mellon Global Infrastructure Income ETF during the first quarter worth about $11,979,000. Envestnet Asset Management Inc. acquired a new stake in shares of BNY Mellon Global Infrastructure Income ETF during the first quarter worth about $1,411,000. LPL Financial LLC lifted its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 255.9% during the first quarter. LPL Financial LLC now owns 247,139 shares of the company’s stock worth $8,519,000 after purchasing an additional 177,696 shares during the period. Finally, Nottingham Advisors Inc. lifted its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 31.9% during the first quarter. Nottingham Advisors Inc. now owns 263,586 shares of the company’s stock worth $9,086,000 after purchasing an additional 63,781 shares during the period.

BNY Mellon Global Infrastructure Income ETF Stock Up 7.7%

BNY Mellon Global Infrastructure Income ETF stock opened at $38.95 on Wednesday. BNY Mellon Global Infrastructure Income ETF has a 52 week low of $29.16 and a 52 week high of $39.30. The company has a market capitalization of $186.96 million, a price-to-earnings ratio of 14.74 and a beta of 0.60. The stock has a 50-day moving average price of $38.69 and a 200 day moving average price of $37.59.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.3019 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $1.21 dividend on an annualized basis and a dividend yield of 3.1%.

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.