Bay Colony Advisory Group Inc d b a Bay Colony Advisors Buys New Stake in BNY Mellon Global Infrastructure Income ETF $BKGI

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 30,322 shares of the company’s stock, valued at approximately $1,191,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned approximately 0.63% 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 made changes to their positions in the business. Trademark Financial Management LLC acquired a new position in shares of BNY Mellon Global Infrastructure Income ETF during the 2nd quarter valued at $387,000. Nottingham Advisors Inc. lifted its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 3.4% during 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. Private Trust Co. NA acquired a new position in shares of BNY Mellon Global Infrastructure Income ETF during the 2nd quarter valued at $49,000. Courier Capital LLC lifted its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 43.8% during the 2nd quarter. Courier Capital LLC now owns 69,735 shares of the company’s stock valued at $2,739,000 after acquiring an additional 21,239 shares in the last quarter. Finally, Community Bank N.A. grew its position in BNY Mellon Global Infrastructure Income ETF by 12.1% in the second quarter. Community Bank N.A. now owns 77,579 shares of the company’s stock valued at $3,047,000 after acquiring an additional 8,372 shares in the last quarter.

BNY Mellon Global Infrastructure Income ETF Stock Up 9.9%

Shares of BATS:BKGI opened at $39.76 on Friday. BNY Mellon Global Infrastructure Income ETF has a 52-week low of $29.16 and a 52-week high of $39.30. The company has a 50 day moving average of $38.80 and a two-hundred day moving average of $38.10. The company has a market capitalization of $190.86 million, a price-to-earnings ratio of 14.74 and a beta of 0.60.

BNY Mellon Global Infrastructure Income ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.3019 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $1.21 annualized dividend and a yield of 3.0%.

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.