BCGM Wealth Management LLC Increases Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

BCGM Wealth Management LLC grew its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 9.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 18,205 shares of the company’s stock after acquiring an additional 1,617 shares during the period. BCGM Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $736,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Allodium Investment Consultants LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth about $886,000. MONECO Advisors LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 93.8% during the fourth quarter. MONECO Advisors LLC now owns 27,518 shares of the company’s stock valued at $1,112,000 after buying an additional 13,321 shares during the last quarter. Richardson Capital Management LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 94.2% during the fourth quarter. Richardson Capital Management LLC now owns 8,304 shares of the company’s stock valued at $336,000 after buying an additional 4,028 shares during the last quarter. Matauro LLC bought a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $582,000. Finally, Concurrent Investment Advisors LLC grew its stake in Global X U.S. Infrastructure Development ETF by 47.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 20,224 shares of the company’s stock worth $817,000 after purchasing an additional 6,492 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 2.4 %

Shares of BATS:PAVE opened at $40.44 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 stock has a market cap of $7.74 billion, a P/E ratio of 20.28 and a beta of 1.13. The business’s 50 day moving average is $41.70 and its 200 day moving average is $41.50.

Global X U.S. Infrastructure Development ETF Announces Dividend

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