Cwm LLC Grows Stake in BNY Mellon Global Infrastructure Income ETF $BKGI

Cwm LLC lifted its position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 24.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 300,572 shares of the company’s stock after purchasing an additional 59,190 shares during the quarter. Cwm LLC owned about 6.26% of BNY Mellon Global Infrastructure Income ETF worth $11,703,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sovereign Investment Advisors LLC boosted its stake in BNY Mellon Global Infrastructure Income ETF by 150.6% during the second quarter. Sovereign Investment Advisors LLC now owns 628,462 shares of the company’s stock valued at $24,686,000 after buying an additional 377,665 shares during the period. Nottingham Advisors Inc. raised its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 3.4% in the 2nd quarter. Nottingham Advisors Inc. now owns 272,467 shares of the company’s stock valued at $10,702,000 after acquiring an additional 8,881 shares in the last quarter. Insight Wealth Strategies LLC boosted its position in shares of BNY Mellon Global Infrastructure Income ETF by 4.9% during the 3rd quarter. Insight Wealth Strategies LLC now owns 249,815 shares of the company’s stock valued at $9,727,000 after acquiring an additional 11,661 shares during the last quarter. Community Bank N.A. grew its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 12.1% during the second quarter. Community Bank N.A. now owns 77,579 shares of the company’s stock worth $3,047,000 after purchasing an additional 8,372 shares in the last quarter. Finally, Courier Capital LLC grew its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 43.8% during the second quarter. Courier Capital LLC now owns 69,735 shares of the company’s stock worth $2,739,000 after purchasing an additional 21,239 shares in the last quarter.

BNY Mellon Global Infrastructure Income ETF Price Performance

Shares of BKGI opened at $40.54 on Monday. The company has a market capitalization of $194.59 million, a P/E ratio of 14.74 and a beta of 0.60. BNY Mellon Global Infrastructure Income ETF has a 1-year low of $29.16 and a 1-year high of $39.30. The firm’s 50 day simple moving average is $40.13 and its 200 day simple moving average is $39.18.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.3019 per share. This represents a $1.21 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Wednesday, October 1st.

About BNY Mellon Global Infrastructure Income ETF

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.