BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 12-Month High After Dividend Announcement

BNY Mellon International Equity ETF (NYSEARCA:BKIE) shares reached a new 52-week high during trading on Monday following a dividend announcement from the company. The stock traded as high as $94.23 and last traded at $92.9370, with a volume of 25419 shares. The stock had previously closed at $93.93.

The newly announced dividend which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 29th will be paid a $1.0429 dividend. This represents a $4.17 annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, December 29th. This is a positive change from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.52.

BNY Mellon International Equity ETF Stock Performance

The firm has a market capitalization of $1.07 billion, a PE ratio of 16.44 and a beta of 0.85. The business’s fifty day simple moving average is $91.00 and its 200-day simple moving average is $88.38.

Institutional Trading of BNY Mellon International Equity ETF

Several hedge funds have recently bought and sold shares of the stock. First Horizon Advisors Inc. bought a new position in shares of BNY Mellon International Equity ETF during the 2nd quarter valued at approximately $52,000. Creative Financial Designs Inc. ADV increased its position in BNY Mellon International Equity ETF by 14.1% in the second quarter. Creative Financial Designs Inc. ADV now owns 199,927 shares of the company’s stock worth $17,228,000 after purchasing an additional 24,697 shares during the last quarter. Capital Investment Advisors LLC purchased a new stake in BNY Mellon International Equity ETF during the second quarter valued at $523,000. U.S. Capital Wealth Advisors LLC purchased a new stake in BNY Mellon International Equity ETF during the third quarter valued at $1,297,000. Finally, Stratos Wealth Partners LTD. lifted its position in BNY Mellon International Equity ETF by 53.6% during the second quarter. Stratos Wealth Partners LTD. now owns 30,890 shares of the company’s stock valued at $2,662,000 after purchasing an additional 10,776 shares during the last quarter.

BNY Mellon International Equity ETF Company Profile

The BNY Mellon International Equity ETF (BKIE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index of large-caps in the Developed Markets outside of US. BKIE was launched on Apr 24, 2020 and is managed by BNY Mellon.