Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC decreased its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 224,888 shares of the company’s stock after selling 11,747 shares during the quarter. Robertson Stephens Wealth Management LLC owned approximately 0.12% of Global X U.S. Infrastructure Development ETF worth $9,119,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $28,000. Hanson & Doremus Investment Management acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $28,000. Trivant Custom Portfolio Group LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $32,000. Synergy Asset Management LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $38,000. Finally, First PREMIER Bank acquired a new position in Global X U.S. Infrastructure Development ETF during the third quarter worth about $39,000.

Global X U.S. Infrastructure Development ETF Trading Up 0.9 %

PAVE opened at $41.84 on Thursday. The firm has a market capitalization of $8.01 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The firm’s 50-day moving average price is $42.47 and its 200 day moving average price is $41.19.

Global X U.S. Infrastructure Development ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.1394 per share. 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.