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

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

BNY Mellon Ultra Short Income ETF Price Performance

The business’s 50-day moving average price is $49.72 and its 200 day moving average price is $49.65.

BNY Mellon Ultra Short Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.208 per share. The ex-dividend date was Friday, November 1st.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in BNY Mellon Ultra Short Income ETF stock. Jane Street Group LLC acquired a new position in shares of BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,648 shares of the company’s stock, valued at approximately $282,000. Jane Street Group LLC owned 0.38% of BNY Mellon Ultra Short Income ETF at the end of the most recent reporting period.

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.