Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Sees Strong Trading Volume – Here’s What Happened

by · The Markets Daily

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG – Get Free Report) saw unusually-high trading volume on Monday. 539,029 shares were traded during mid-day trading, an increase of 320% from the average daily volume of 128,393 shares. The stock last traded at $37.1860 and had previously closed at $37.16.

Bahl & Gaynor Income Growth ETF Stock Up 0.2%

The company has a market capitalization of $2.28 billion, a P/E ratio of 22.85 and a beta of 0.55. The business’s 50-day moving average is $36.28 and its two-hundred day moving average is $35.21.

Bahl & Gaynor Income Growth ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 29th will be paid a $0.0530 dividend. The ex-dividend date is Thursday, October 29th. This represents a $0.64 annualized dividend and a yield of 1.7%.

Institutional Trading of Bahl & Gaynor Income Growth ETF

A number of institutional investors and hedge funds have recently modified their holdings of BGIG. Arkadios Wealth Advisors bought a new position in Bahl & Gaynor Income Growth ETF in the 1st quarter valued at $787,000. Anchor Investment Management LLC purchased a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter worth about $126,000. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter worth about $933,000.

Bahl & Gaynor Income Growth ETF Company Profile

(Get Free Report)

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.

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