Flagship Harbor Advisors LLC Invests $918,000 in BNY Mellon Ultra Short Income ETF $BKUI

Flagship Harbor Advisors LLC purchased a new stake in shares of BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 18,400 shares of the company’s stock, valued at approximately $918,000.

A number of other large investors also recently modified their holdings of BKUI. PCG Wealth Advisors LLC acquired a new position in shares of BNY Mellon Ultra Short Income ETF during the first quarter valued at $2,957,000. Total Investment Management Inc. increased its holdings in shares of BNY Mellon Ultra Short Income ETF by 2.4% during the first quarter. Total Investment Management Inc. now owns 1,869,526 shares of the company’s stock valued at $93,232,000 after purchasing an additional 43,234 shares during the period. RPOA Advisors Inc. increased its holdings in shares of BNY Mellon Ultra Short Income ETF by 4.1% during the second quarter. RPOA Advisors Inc. now owns 739,315 shares of the company’s stock valued at $36,877,000 after purchasing an additional 29,394 shares during the period. Flow Traders U.S. LLC increased its holdings in shares of BNY Mellon Ultra Short Income ETF by 194.0% during the first quarter. Flow Traders U.S. LLC now owns 34,613 shares of the company’s stock valued at $1,726,000 after purchasing an additional 22,841 shares during the period. Finally, ZEGA Investments LLC acquired a new position in shares of BNY Mellon Ultra Short Income ETF during the first quarter valued at $973,000.

BNY Mellon Ultra Short Income ETF Stock Down 0.0%

Shares of NYSEARCA BKUI opened at $49.92 on Friday. The stock has a fifty day moving average price of $49.87 and a two-hundred day moving average price of $49.80. BNY Mellon Ultra Short Income ETF has a 1 year low of $49.36 and a 1 year high of $50.93.

BNY Mellon Ultra Short Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a $0.1896 dividend. This is a positive change from BNY Mellon Ultra Short Income ETF’s previous monthly dividend of $0.18. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

BNY Mellon Ultra Short Income ETF Profile

The BNY Mellon Ultra Short Income ETF (BKUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed portfolio of investment-grade, USD-denominated fixed income securities with an ultra-short effective duration. The fund aims for high income and low volatility.