Flagship Harbor Advisors LLC Invests $918,000 in BNY Mellon Ultra Short Income ETF $BKUI

Flagship Harbor Advisors LLC bought a new position in shares of BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 18,400 shares of the company’s stock, valued at approximately $918,000. Flagship Harbor Advisors LLC owned about 0.39% of BNY Mellon Ultra Short Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. bought a new stake in BNY Mellon Ultra Short Income ETF in the first quarter valued at about $475,000. ZEGA Investments LLC bought a new stake in BNY Mellon Ultra Short Income ETF in the first quarter valued at about $973,000. Flow Traders U.S. LLC increased its holdings in BNY Mellon Ultra Short Income ETF by 194.0% in the first quarter. Flow Traders U.S. LLC now owns 34,613 shares of the company’s stock valued at $1,726,000 after buying an additional 22,841 shares during the last quarter. PCG Wealth Advisors LLC bought a new position in BNY Mellon Ultra Short Income ETF during the first quarter worth $2,957,000. Finally, RPOA Advisors Inc. lifted its stake in BNY Mellon Ultra Short Income ETF by 4.1% during the second quarter. RPOA Advisors Inc. now owns 739,315 shares of the company’s stock worth $36,877,000 after purchasing an additional 29,394 shares during the last quarter.

BNY Mellon Ultra Short Income ETF Stock Performance

Shares of BKUI opened at $49.92 on Friday. The business’s fifty day moving average price is $49.87 and its 200 day moving average price is $49.80. BNY Mellon Ultra Short Income ETF has a 12-month low of $49.36 and a 12-month high of $50.93.

BNY Mellon Ultra Short Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a dividend of $0.1896 per share. This represents a c) annualized dividend and a yield of 4.6%. This is a boost from BNY Mellon Ultra Short Income ETF’s previous monthly dividend of $0.18. The ex-dividend date was Wednesday, October 1st.

About BNY Mellon Ultra Short Income ETF

The BNY Mellon Ultra Short Income ETF (BKUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed portfolio of investment-grade, USD-denominated fixed income securities with an ultra-short effective duration. The fund aims for high income and low volatility.