RPOA Advisors Inc. Has $314.26 Million Holdings in BNY Mellon Ultra Short Income ETF $BKUI

RPOA Advisors Inc. increased its stake in shares of BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) by 896.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,312,334 shares of the company’s stock after purchasing an additional 5,678,543 shares during the quarter. BNY Mellon Ultra Short Income ETF makes up about 13.8% of RPOA Advisors Inc.’s portfolio, making the stock its 3rd largest holding. RPOA Advisors Inc. owned about 0.56% of BNY Mellon Ultra Short Income ETF worth $314,260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in BKUI. Western Wealth Management LLC bought a new position in shares of BNY Mellon Ultra Short Income ETF during the fourth quarter valued at $973,000. PCG Wealth Advisors LLC grew its stake in shares of BNY Mellon Ultra Short Income ETF by 1.2% in the fourth quarter. PCG Wealth Advisors LLC now owns 34,762 shares of the company’s stock worth $1,729,000 after purchasing an additional 423 shares during the last quarter. Elevated Financial Group LLC acquired a new stake in BNY Mellon Ultra Short Income ETF in the fourth quarter valued at $1,692,000. JPMorgan Chase & Co. raised its position in BNY Mellon Ultra Short Income ETF by 109.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,298 shares of the company’s stock worth $65,000 after purchasing an additional 679 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in BNY Mellon Ultra Short Income ETF during the 2nd quarter worth $138,000.

BNY Mellon Ultra Short Income ETF Stock Up 0.1%

Shares of BKUI opened at $49.72 on Wednesday. The stock’s 50-day moving average price is $49.73 and its two-hundred day moving average price is $49.77. BNY Mellon Ultra Short Income ETF has a 12 month low of $49.54 and a 12 month high of $49.96.

BNY Mellon Ultra Short Income ETF Company 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. BKUI was launched on Aug 9, 2021 and is managed by BNY Mellon.