Krilogy Financial LLC Has $1.80 Million Holdings in Global X MLP ETF $MLPA

Krilogy Financial LLC increased its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 188.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 37,170 shares of the company’s stock after acquiring an additional 24,295 shares during the period. Krilogy Financial LLC’s holdings in Global X MLP ETF were worth $1,796,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in MLPA. Wealth Enhancement Advisory Services LLC increased its stake in Global X MLP ETF by 8.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 227,080 shares of the company’s stock valued at $10,879,000 after acquiring an additional 17,228 shares during the period. Alpine Bank Wealth Management grew its holdings in shares of Global X MLP ETF by 660.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 13,800 shares of the company’s stock worth $668,000 after purchasing an additional 11,985 shares in the last quarter. Barry Investment Advisors LLC increased its position in shares of Global X MLP ETF by 5.3% during the third quarter. Barry Investment Advisors LLC now owns 205,082 shares of the company’s stock valued at $9,932,000 after purchasing an additional 10,401 shares during the period. AlphaCore Capital LLC raised its stake in shares of Global X MLP ETF by 28.1% in the second quarter. AlphaCore Capital LLC now owns 49,440 shares of the company’s stock valued at $2,482,000 after purchasing an additional 10,840 shares in the last quarter. Finally, Advisory Services Network LLC boosted its stake in Global X MLP ETF by 19.7% during the second quarter. Advisory Services Network LLC now owns 71,370 shares of the company’s stock worth $3,680,000 after buying an additional 11,741 shares in the last quarter.

Global X MLP ETF Stock Performance

Shares of MLPA stock opened at $52.16 on Thursday. Global X MLP ETF has a 52-week low of $45.09 and a 52-week high of $54.17. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 14.42 and a beta of 0.64. The firm has a fifty day moving average of $49.77 and a 200-day moving average of $49.16.

Global X MLP ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Shareholders of record on Monday, February 9th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, February 9th. This is a boost from Global X MLP ETF’s previous quarterly dividend of $0.98. This represents a $4.00 dividend on an annualized basis and a dividend yield of 7.7%.

About Global X MLP ETF

The Global X MLP ETF (MLPA) is an exchange-traded fund that is based on the Solactive MLP Infrastructure index, a market-cap-weighted index of US-listed midstream MLPs, and is structured as a C-corporation. MLPA was launched on Apr 18, 2012 and is managed by Global X.