Global X U.S. Infrastructure Development ETF (BATS:PAVE) Holdings Trimmed by Vishria Bird Financial Group LLC

Vishria Bird Financial Group LLC trimmed its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 311,043 shares of the company’s stock after selling 1,623 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for 4.4% of Vishria Bird Financial Group LLC’s portfolio, making the stock its 9th largest position. Vishria Bird Financial Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $12,569,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PAVE. Bank of Montreal Can raised its stake in shares of Global X U.S. Infrastructure Development ETF by 3.0% in the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after acquiring an additional 586,418 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Global X U.S. Infrastructure Development ETF by 14.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock worth $59,608,000 after buying an additional 198,255 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 19.9% in 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 lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 47.6% during the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after acquiring an additional 357,771 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in Global X U.S. Infrastructure Development ETF by 30.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,073,601 shares of the company’s stock worth $44,007,000 after purchasing an additional 247,941 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 5.3 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $43.67 on Friday. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The company has a 50-day simple moving average of $42.87 and a 200 day simple moving average of $40.91. The stock has a market capitalization of $8.36 billion, a P/E ratio of 20.28 and a beta of 1.13.

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 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.