BNY Mellon Global Infrastructure Income ETF $BKGI Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its holdings in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 279.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,614 shares of the company’s stock after purchasing an additional 29,167 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.83% of BNY Mellon Global Infrastructure Income ETF worth $1,598,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Community Bank N.A. boosted its position in shares of BNY Mellon Global Infrastructure Income ETF by 0.3% in the 4th quarter. Community Bank N.A. now owns 77,949 shares of the company’s stock worth $3,144,000 after purchasing an additional 251 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of BNY Mellon Global Infrastructure Income ETF by 3.6% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 13,378 shares of the company’s stock worth $521,000 after purchasing an additional 461 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of BNY Mellon Global Infrastructure Income ETF by 6.7% in the 4th quarter. Sanctuary Advisors LLC now owns 10,109 shares of the company’s stock worth $408,000 after purchasing an additional 636 shares in the last quarter. Stratos Investment Management LLC boosted its position in shares of BNY Mellon Global Infrastructure Income ETF by 3.3% in the 4th quarter. Stratos Investment Management LLC now owns 20,341 shares of the company’s stock worth $821,000 after purchasing an additional 647 shares in the last quarter. Finally, Orion Porfolio Solutions LLC boosted its position in shares of BNY Mellon Global Infrastructure Income ETF by 8.1% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 15,543 shares of the company’s stock worth $605,000 after purchasing an additional 1,160 shares in the last quarter.

BNY Mellon Global Infrastructure Income ETF Price Performance

Shares of BKGI stock opened at $45.40 on Friday. The firm has a market capitalization of $217.92 million, a price-to-earnings ratio of 14.74 and a beta of 0.60. The business has a fifty day moving average of $45.23 and a 200 day moving average of $43.28. BNY Mellon Global Infrastructure Income ETF has a 1 year low of $37.50 and a 1 year high of $46.84.

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.