Global X MLP ETF $MLPA Shares Bought by Matrix Private Capital Group LLC

Matrix Private Capital Group LLC lifted its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 19.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,023 shares of the company’s stock after acquiring an additional 18,963 shares during the quarter. Global X MLP ETF makes up 3.0% of Matrix Private Capital Group LLC’s holdings, making the stock its 9th biggest holding. Matrix Private Capital Group LLC’s holdings in Global X MLP ETF were worth $5,569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in MLPA. Clean Yield Group acquired a new position in shares of Global X MLP ETF in the 3rd quarter worth approximately $26,000. Smartleaf Asset Management LLC acquired a new position in Global X MLP ETF in the third quarter valued at $46,000. Private Trust Co. NA boosted its position in Global X MLP ETF by 39.2% during the third quarter. Private Trust Co. NA now owns 1,066 shares of the company’s stock valued at $52,000 after acquiring an additional 300 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Global X MLP ETF during the 3rd quarter worth about $201,000. Finally, Greenspring Advisors LLC bought a new position in shares of Global X MLP ETF in the 3rd quarter worth about $205,000.

Global X MLP ETF Price Performance

Shares of Global X MLP ETF stock opened at $53.83 on Tuesday. The stock’s 50-day moving average is $51.98 and its 200 day moving average is $49.71. Global X MLP ETF has a one year low of $45.09 and a one year high of $54.61. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 14.42 and a beta of 0.64.

Global X MLP ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were issued a $1.00 dividend. The ex-dividend date was Monday, February 9th. This is an increase from Global X MLP ETF’s previous quarterly dividend of $0.98. This represents a $4.00 annualized dividend and a yield of 7.4%.

Global X MLP ETF Company Profile

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.