Bank of New York Mellon Corp Reduces Position in BNY Mellon Global Infrastructure Income ETF $BKGI

Bank of New York Mellon Corp decreased its position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 6.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 549,525 shares of the company’s stock after selling 38,868 shares during the period. Bank of New York Mellon Corp owned about 11.45% of BNY Mellon Global Infrastructure Income ETF worth $24,476,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Trilogy Capital Inc. lifted its holdings in BNY Mellon Global Infrastructure Income ETF by 186.6% in the 4th quarter. Trilogy Capital Inc. now owns 37,675 shares of the company’s stock worth $1,520,000 after buying an additional 24,530 shares during the period. Nottingham Advisors Inc. grew its position in shares of BNY Mellon Global Infrastructure Income ETF by 6.2% in the 1st quarter. Nottingham Advisors Inc. now owns 297,415 shares of the company’s stock worth $13,247,000 after buying an additional 17,281 shares during the last quarter. Kensington Asset Management LLC increased its stake in shares of BNY Mellon Global Infrastructure Income ETF by 47.6% during the fourth quarter. Kensington Asset Management LLC now owns 64,716 shares of the company’s stock valued at $2,624,000 after buying an additional 20,870 shares during the period. Sovereign Investment Advisors LLC increased its stake in shares of BNY Mellon Global Infrastructure Income ETF by 8.4% during the fourth quarter. Sovereign Investment Advisors LLC now owns 681,004 shares of the company’s stock valued at $27,616,000 after buying an additional 52,542 shares during the period. Finally, Waterloo Capital L.P. bought a new position in shares of BNY Mellon Global Infrastructure Income ETF during the fourth quarter valued at approximately $2,747,000.

BNY Mellon Global Infrastructure Income ETF Stock Down 0.9%

Shares of BNY Mellon Global Infrastructure Income ETF stock opened at $45.68 on Tuesday. The business has a 50 day moving average of $45.36 and a 200 day moving average of $44.54. BNY Mellon Global Infrastructure Income ETF has a 52 week low of $37.50 and a 52 week high of $46.84. The company has a market cap of $219.26 million, a PE ratio of 14.74 and a beta of 0.60.

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.