Burke & Herbert Bank & Trust Co. Has $2.36 Million Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Burke & Herbert Bank & Trust Co. lessened its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,435 shares of the company’s stock after selling 370 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,361,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Bank of Montreal Can boosted its holdings in Global X U.S. Infrastructure Development ETF by 3.0% during the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock worth $822,978,000 after acquiring an additional 586,418 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 40.0% during the fourth quarter. Principal Financial Group Inc. now owns 3,479,800 shares of the company’s stock valued at $140,619,000 after purchasing an additional 994,800 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 19.9% during the third quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after purchasing an additional 229,948 shares in the last quarter. First Interstate Bank grew its position in Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd 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. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in Global X U.S. Infrastructure Development ETF by 3.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock worth $44,735,000 after purchasing an additional 32,939 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 1.1 %

Global X U.S. Infrastructure Development ETF stock opened at $41.92 on Monday. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The company’s 50 day moving average price is $41.91 and its two-hundred day moving average price is $41.35. The stock has a market cap of $8.03 billion, a P/E ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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