Laurel Wealth Advisors LLC Has $2.40 Million Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Laurel Wealth Advisors LLC raised its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 59,273 shares of the company’s stock after buying an additional 2,165 shares during the period. Laurel Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,395,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. First PREMIER Bank bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $39,000. Howe & Rusling Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF in the third quarter valued at $39,000. Clear Point Advisors Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at about $40,000. Assetmark Inc. increased its stake 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 purchasing an additional 1,088 shares during the last quarter. Finally, Main Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $59,000.

Global X U.S. Infrastructure Development ETF Stock Up 2.1 %

Shares of BATS PAVE opened at $41.45 on Wednesday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company has a market cap of $7.94 billion, a PE ratio of 20.28 and a beta of 1.13. The business’s 50 day moving average price is $43.13 and its two-hundred day moving average price is $40.66.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

Global X U.S. Infrastructure Development ETF Profile

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.