Northwestern Mutual Wealth Management Co. Increases Position in BNY Mellon Global Infrastructure Income ETF $BKGI

Northwestern Mutual Wealth Management Co. lifted its holdings in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 279.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 39,614 shares of the company’s stock after purchasing an additional 29,167 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in BNY Mellon Global Infrastructure Income ETF were worth $1,598,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Trilogy Capital Inc. increased its stake in BNY Mellon Global Infrastructure Income ETF by 186.6% during the 4th quarter. Trilogy Capital Inc. now owns 37,675 shares of the company’s stock worth $1,520,000 after buying an additional 24,530 shares in the last quarter. Private Advisor Group LLC increased its stake in BNY Mellon Global Infrastructure Income ETF by 38.9% during the 3rd quarter. Private Advisor Group LLC now owns 140,450 shares of the company’s stock worth $5,468,000 after buying an additional 39,359 shares in the last quarter. WealthCare Investment Partners LLC purchased a new stake in BNY Mellon Global Infrastructure Income ETF during the 4th quarter worth approximately $538,000. Modern Wealth Management LLC purchased a new stake in BNY Mellon Global Infrastructure Income ETF during the 3rd quarter worth approximately $17,694,000. Finally, CWM LLC increased its stake in BNY Mellon Global Infrastructure Income ETF by 5.2% during the 4th quarter. CWM LLC now owns 316,285 shares of the company’s stock worth $12,759,000 after buying an additional 15,713 shares in the last quarter.

BNY Mellon Global Infrastructure Income ETF Trading Down 0.0%

BATS:BKGI opened at $45.40 on Friday. BNY Mellon Global Infrastructure Income ETF has a 12 month low of $37.50 and a 12 month high of $46.84. The stock has a 50 day moving average of $45.23 and a two-hundred day moving average of $43.28. The firm has a market cap of $217.92 million, a P/E ratio of 14.74 and a beta of 0.60.

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.