Paladin Advisory Group LLC Sells 391 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Paladin Advisory Group LLC lessened its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,637 shares of the company’s stock after selling 391 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up about 2.4% of Paladin Advisory Group LLC’s portfolio, making the stock its 12th biggest position. Paladin Advisory Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,097,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. NewEdge Advisors LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 37.1% in the 2nd quarter. NewEdge Advisors LLC now owns 77,603 shares of the company’s stock worth $2,873,000 after buying an additional 20,980 shares during the last quarter. Granite Bay Wealth Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the second quarter worth $3,081,000. Heritage Oak Wealth Advisors LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth $779,000. Sanctuary Advisors LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at $7,041,000. Finally, Heritage Wealth Management Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth $309,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE traded up $0.96 during mid-day trading on Wednesday, hitting $42.41. 4,220,023 shares of the company’s stock traded hands. The company has a fifty day moving average of $42.78 and a 200 day moving average of $41.08. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company has a market capitalization of $8.12 billion, a P/E ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given 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.