Cobblestone Asset Management LLC Has $955,000 Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Cobblestone Asset Management LLC trimmed its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,636 shares of the company’s stock after selling 1,904 shares during the quarter. Cobblestone Asset Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in PAVE. Capital Asset Advisory Services LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 4.6% in the fourth quarter. Capital Asset Advisory Services LLC now owns 673,415 shares of the company’s stock valued at $27,482,000 after buying an additional 29,724 shares during the period. Cathy Pareto & Associates Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at about $996,000. Kingswood Wealth Advisors LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 87.1% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 49,604 shares of the company’s stock valued at $2,005,000 after buying an additional 23,085 shares during the period. Embree Financial Group boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 29.9% during the 4th quarter. Embree Financial Group now owns 6,806 shares of the company’s stock worth $275,000 after buying an additional 1,566 shares in the last quarter. Finally, Flagship Harbor Advisors LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 2.8% in the 4th quarter. Flagship Harbor Advisors LLC now owns 19,849 shares of the company’s stock valued at $802,000 after acquiring an additional 545 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 5.3 %

Shares of BATS PAVE opened at $43.67 on Monday. The firm has a market cap of $8.36 billion, a PE ratio of 20.28 and a beta of 1.13. The company’s fifty day simple moving average is $42.86 and its 200 day simple moving average is $40.99. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

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

About Global X U.S. Infrastructure Development ETF

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.