Warner Group LLC Takes Position in Global X MLP & Energy Infrastructure ETF $MLPX

Warner Group LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 91,546 shares of the company’s stock, valued at approximately $5,741,000. Global X MLP & Energy Infrastructure ETF accounts for approximately 4.0% of Warner Group LLC’s investment portfolio, making the stock its 9th biggest position. Warner Group LLC owned 0.22% of Global X MLP & Energy Infrastructure ETF as of its most recent SEC filing.

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

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of MLPX stock opened at $69.73 on Friday. The business’s fifty day moving average price is $62.38 and its 200 day moving average price is $61.13. Global X MLP & Energy Infrastructure ETF has a 1-year low of $53.54 and a 1-year high of $69.79. The firm has a market capitalization of $3.04 billion, a PE ratio of 19.10 and a beta of 0.79.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, February 9th. This is an increase 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.