Steward Partners Investment Advisory LLC Sells 12,522 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Steward Partners Investment Advisory LLC reduced its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 227,484 shares of the company’s stock after selling 12,522 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $9,193,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 124.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 190,131 shares of the company’s stock worth $7,826,000 after acquiring an additional 105,586 shares during the period. Beacon Financial Advisory LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 19.6% during the 3rd quarter. Beacon Financial Advisory LLC now owns 32,904 shares of the company’s stock worth $1,354,000 after purchasing an additional 5,383 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 25.0% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 18,426 shares of the company’s stock valued at $758,000 after purchasing an additional 3,689 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in Global X U.S. Infrastructure Development ETF by 9.3% in the third quarter. Concurrent Investment Advisors LLC now owns 13,732 shares of the company’s stock valued at $565,000 after buying an additional 1,171 shares in the last quarter. Finally, Advisor Resource Council increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 16.0% during the third quarter. Advisor Resource Council now owns 24,848 shares of the company’s stock worth $1,023,000 after buying an additional 3,433 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $39.14 on Thursday. The company has a market capitalization of $8.21 billion, a P/E ratio of 23.20 and a beta of 1.25. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The business’s 50 day simple moving average is $41.37 and its 200-day simple moving average is $41.58.

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 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.