BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) Plans $0.16 Monthly Dividend

BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) announced a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.1588 per share on Friday, September 4th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Tuesday, September 1st.

BNY Mellon Ultra Short Income ETF Stock Performance

Shares of BKUI remained flat at $49.56 during midday trading on Wednesday. The stock had a trading volume of 52,949 shares, compared to its average volume of 87,443. The company’s 50 day moving average price is $49.67 and its two-hundred day moving average price is $49.72. BNY Mellon Ultra Short Income ETF has a one year low of $49.53 and a one year high of $49.96.

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. BKUI was launched on Aug 9, 2021 and is managed by BNY Mellon.