Laurel Wealth Advisors LLC Purchases 2,165 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Laurel Wealth Advisors LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVEFree Report) by 3.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 59,273 shares of the company’s stock after purchasing an additional 2,165 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,395,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of PAVE. First PREMIER Bank acquired a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at $39,000. Howe & Rusling Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF during the third quarter worth about $39,000. Clear Point Advisors Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $40,000. Assetmark Inc. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 401.5% during the 3rd quarter. Assetmark Inc. now owns 1,359 shares of the company’s stock worth $56,000 after acquiring an additional 1,088 shares during the period. Finally, Main Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $59,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $41.45 on Wednesday. The firm has a 50 day simple moving average of $43.13 and a two-hundred day simple moving average of $40.66. The company has a market cap of $7.94 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.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a dividend of $0.1394 per share. The ex-dividend date was Monday, December 30th.

About Global X U.S. Infrastructure Development ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Global X U.S. Infrastructure Development ETF (BATS:PAVE)

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