Stratos Wealth Advisors LLC Has $8.57 Million Stake in Global X MLP & Energy Infrastructure ETF $MLPX

Stratos Wealth Advisors LLC raised its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 9.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 136,732 shares of the company’s stock after purchasing an additional 11,604 shares during the quarter. Stratos Wealth Advisors LLC owned 0.32% of Global X MLP & Energy Infrastructure ETF worth $8,574,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of MLPX. Midwest Professional Planners LTD. raised its position in Global X MLP & Energy Infrastructure ETF by 0.8% during the third quarter. Midwest Professional Planners LTD. now owns 23,752 shares of the company’s stock valued at $1,489,000 after buying an additional 180 shares during the period. Advisory Services Network LLC grew its stake in Global X MLP & Energy Infrastructure ETF by 0.7% during the 2nd quarter. Advisory Services Network LLC now owns 28,092 shares of the company’s stock valued at $1,747,000 after acquiring an additional 184 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 35.5% in the 2nd quarter. IFP Advisors Inc now owns 722 shares of the company’s stock valued at $45,000 after purchasing an additional 189 shares during the period. NWF Advisory Services Inc. lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 6.9% in the third quarter. NWF Advisory Services Inc. now owns 3,870 shares of the company’s stock worth $243,000 after purchasing an additional 250 shares in the last quarter. Finally, Birch Capital Management LLC lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 2.1% in the third quarter. Birch Capital Management LLC now owns 12,736 shares of the company’s stock worth $799,000 after purchasing an additional 265 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Up 0.5%

MLPX stock opened at $67.37 on Wednesday. Global X MLP & Energy Infrastructure ETF has a 12-month low of $53.54 and a 12-month high of $67.59. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 19.10 and a beta of 0.79. The company has a 50 day moving average of $61.94 and a two-hundred day moving average of $60.98.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Monday, February 9th will be issued a dividend of $0.74 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.4%. This is a positive change from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.08.

Global X MLP & Energy Infrastructure ETF Company Profile

The Global X MLP & Energy Infrastructure ETF (MLPX) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of MLPs and companies engaged in energy infrastructure. The ETF is structured as an open-ended fund. MLPX was launched on Aug 7, 2013 and is managed by Global X.