Gladstone Institutional Advisory LLC Decreases Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Gladstone Institutional Advisory LLC reduced its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 11.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 35,892 shares of the company’s stock after selling 4,442 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,450,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. JSF Financial LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $5,353,000. Wealthcare Capital Partners LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at approximately $929,000. Sovran Advisors LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at approximately $2,014,000. Stonebridge Financial Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $293,000. Finally, Clarus Group Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 423.6% during the fourth quarter. Clarus Group Inc. now owns 191,659 shares of the company’s stock worth $7,745,000 after acquiring an additional 155,057 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Global X U.S. Infrastructure Development ETF stock opened at $41.79 on Friday. The firm has a market capitalization of $8.01 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The business has a fifty day moving average price of $42.03 and a 200-day moving average price of $41.30.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

Global X U.S. Infrastructure Development ETF Company Profile

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.