BXM Wealth LLC Buys Shares of 15,375 BNY Mellon Global Infrastructure Income ETF $BKGI

BXM Wealth LLC bought a new stake in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 15,375 shares of the company’s stock, valued at approximately $599,000. BXM Wealth LLC owned approximately 0.32% of BNY Mellon Global Infrastructure Income ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Private Trust Co. NA acquired a new position in shares of BNY Mellon Global Infrastructure Income ETF during the 2nd quarter worth approximately $49,000. Astoria Portfolio Advisors LLC. acquired a new position in BNY Mellon Global Infrastructure Income ETF during the second quarter worth $309,000. Steward Partners Investment Advisory LLC bought a new stake in BNY Mellon Global Infrastructure Income ETF during the second quarter worth $338,000. Smith Moore & CO. lifted its stake in BNY Mellon Global Infrastructure Income ETF by 8.5% in the second quarter. Smith Moore & CO. now owns 9,697 shares of the company’s stock valued at $381,000 after acquiring an additional 763 shares during the last quarter. Finally, Trademark Financial Management LLC acquired a new stake in BNY Mellon Global Infrastructure Income ETF in the second quarter valued at $387,000.

BNY Mellon Global Infrastructure Income ETF Stock Up 2.9%

Shares of BATS BKGI opened at $41.25 on Friday. The business’s 50 day moving average price is $40.42 and its two-hundred day moving average price is $39.39. BNY Mellon Global Infrastructure Income ETF has a twelve month low of $29.16 and a twelve month high of $39.30. The company has a market cap of $197.98 million, a PE ratio of 14.74 and a beta of 0.60.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were paid a dividend of $0.224 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.90 annualized dividend and a yield of 2.2%.

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.