36,259 Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE) Acquired by NewEdge Wealth LLC

NewEdge Wealth LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 36,259 shares of the company’s stock, valued at approximately $1,465,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 15.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 47,068 shares of the company’s stock worth $1,937,000 after buying an additional 6,358 shares during the period. Farther Finance Advisors LLC boosted its position in Global X U.S. Infrastructure Development ETF by 302.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 34,201 shares of the company’s stock worth $1,408,000 after acquiring an additional 25,699 shares during the period. First Interstate Bank grew its stake in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the third quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after purchasing an additional 357,771 shares in the last quarter. Realta Investment Advisors increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 275.1% during the third quarter. Realta Investment Advisors now owns 13,821 shares of the company’s stock valued at $583,000 after purchasing an additional 10,136 shares during the period. Finally, Princeton Global Asset Management LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 138.7% during the third quarter. Princeton Global Asset Management LLC now owns 35,769 shares of the company’s stock valued at $1,472,000 after purchasing an additional 20,787 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 3.0 %

PAVE stock opened at $40.20 on Friday. The company has a 50-day simple moving average of $41.51 and a 200 day simple moving average of $41.57. The company has a market capitalization of $8.43 billion, a P/E ratio of 23.20 and a beta of 1.25. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders 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 Company 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.