BNY Mellon Ultra Short Income ETF $BKUI Shares Acquired by ZEGA Investments LLC

ZEGA Investments LLC grew its holdings in BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) by 24.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 24,220 shares of the company’s stock after acquiring an additional 4,716 shares during the quarter. ZEGA Investments LLC’s holdings in BNY Mellon Ultra Short Income ETF were worth $1,208,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. purchased a new stake in BNY Mellon Ultra Short Income ETF during the first quarter worth approximately $475,000. Flagship Harbor Advisors LLC purchased a new position in BNY Mellon Ultra Short Income ETF in the second quarter valued at approximately $918,000. Flow Traders U.S. LLC raised its holdings in 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 worth $1,726,000 after purchasing an additional 22,841 shares in the last quarter. PCG Wealth Advisors LLC acquired a new stake in BNY Mellon Ultra Short Income ETF during the first quarter worth approximately $2,957,000. Finally, RPOA Advisors Inc. lifted its position in shares of BNY Mellon Ultra Short Income ETF by 4.1% during the 2nd quarter. RPOA Advisors Inc. now owns 739,315 shares of the company’s stock worth $36,877,000 after buying an additional 29,394 shares during the last quarter.

BNY Mellon Ultra Short Income ETF Stock Performance

Shares of BNY Mellon Ultra Short Income ETF stock opened at $49.79 on Friday. The company has a fifty day simple moving average of $49.86 and a 200-day simple moving average of $49.80. BNY Mellon Ultra Short Income ETF has a 12-month low of $49.36 and a 12-month high of $50.93.

BNY Mellon Ultra Short Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a $0.1852 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, November 3rd.

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.