BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) Stock Price Up 0.1% – Still a Buy?

BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) traded up 0.1% on Monday . The company traded as high as $49.73 and last traded at $49.73. 30,899 shares were traded during trading, an increase of 189% from the average session volume of 10,707 shares. The stock had previously closed at $49.69.

BNY Mellon Ultra Short Income ETF Trading Up 0.0 %

The business’s 50-day moving average price is $49.72 and its two-hundred day moving average price is $49.65.

BNY Mellon Ultra Short Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.208 dividend. The ex-dividend date was Friday, November 1st.

Hedge Funds Weigh In On BNY Mellon Ultra Short Income ETF

An institutional investor recently bought a new position in BNY Mellon Ultra Short Income ETF stock. Jane Street Group LLC acquired a new stake in BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 5,648 shares of the company’s stock, valued at approximately $282,000. Jane Street Group LLC owned approximately 0.38% of BNY Mellon Ultra Short Income ETF at the end of the most recent quarter.

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.