3EDGE Asset Management LP Takes Position in BNY Mellon Global Infrastructure Income ETF $BKGI

3EDGE Asset Management LP acquired a new position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 61,308 shares of the company’s stock, valued at approximately $2,387,000. 3EDGE Asset Management LP owned 1.28% of BNY Mellon Global Infrastructure Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also 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 2nd quarter. Sovereign Investment Advisors LLC now owns 628,462 shares of the company’s stock valued at $24,686,000 after purchasing an additional 377,665 shares during the period. Legacy CG LLC lifted its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 7.4% during the third quarter. Legacy CG LLC now owns 483,456 shares of the company’s stock worth $18,823,000 after buying an additional 33,317 shares during the last quarter. CWM LLC boosted its position in shares of BNY Mellon Global Infrastructure Income ETF by 24.5% in the third quarter. CWM LLC now owns 300,572 shares of the company’s stock valued at $11,703,000 after acquiring an additional 59,190 shares during the period. Nottingham Advisors Inc. boosted its position in shares of BNY Mellon Global Infrastructure Income ETF by 2.8% in the third quarter. Nottingham Advisors Inc. now owns 280,130 shares of the company’s stock valued at $10,907,000 after acquiring an additional 7,663 shares during the period. Finally, Insight Wealth Strategies LLC grew its stake in shares of BNY Mellon Global Infrastructure Income ETF by 4.9% in the third quarter. Insight Wealth Strategies LLC now owns 249,815 shares of the company’s stock worth $9,727,000 after acquiring an additional 11,661 shares during the last quarter.

BNY Mellon Global Infrastructure Income ETF Trading Up 3.3%

Shares of BKGI stock opened at $41.43 on Friday. The firm has a market capitalization of $198.84 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 fifty day simple moving average is $40.50 and its 200 day simple moving average is $39.48.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

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

BNY Mellon Global Infrastructure Income ETF 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.