BNY Mellon Global Infrastructure Income ETF $BKGI Shares Purchased by Legacy CG LLC

Legacy CG LLC lifted its holdings in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 2.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 450,607 shares of the company’s stock after acquiring an additional 12,832 shares during the period. BNY Mellon Global Infrastructure Income ETF accounts for about 4.8% of Legacy CG LLC’s portfolio, making the stock its 4th biggest holding. Legacy CG LLC owned approximately 0.09% of BNY Mellon Global Infrastructure Income ETF worth $18,894,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. NBH Bank bought a new stake in BNY Mellon Global Infrastructure Income ETF during the 2nd quarter valued at approximately $42,000. Balefire LLC bought a new position in BNY Mellon Global Infrastructure Income ETF in the 1st quarter worth approximately $265,000. Security Financial Services INC. boosted its stake in BNY Mellon Global Infrastructure Income ETF by 6.6% in the 3rd quarter. Security Financial Services INC. now owns 7,709 shares of the company’s stock worth $323,000 after purchasing an additional 474 shares during the period. Capital Analysts LLC boosted its stake in BNY Mellon Global Infrastructure Income ETF by 6.1% in the 2nd quarter. Capital Analysts LLC now owns 7,976 shares of the company’s stock worth $359,000 after purchasing an additional 459 shares during the period. Finally, Flagship Harbor Advisors LLC boosted its stake in BNY Mellon Global Infrastructure Income ETF by 39.7% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 8,031 shares of the company’s stock worth $337,000 after purchasing an additional 2,281 shares during the period.

BNY Mellon Global Infrastructure Income ETF Price Performance

Shares of BKGI opened at $42.62 on Wednesday. BNY Mellon Global Infrastructure Income ETF has a 1 year low of $39.50 and a 1 year high of $46.84. The company has a 50 day simple moving average of $42.78 and a two-hundred day simple moving average of $44.24. The firm has a market cap of $204.58 million, a P/E ratio of 14.74 and a beta of 0.60.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.2865 dividend. This represents a $1.15 annualized dividend and a dividend yield of 2.7%. This is a drop from BNY Mellon Global Infrastructure Income ETF’s previous quarterly dividend of $0.5724. The ex-dividend date of this dividend was Thursday, October 1st.

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.