RFG Advisory LLC Purchases 3,038 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

RFG Advisory LLC grew its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 34.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 11,824 shares of the company’s stock after acquiring an additional 3,038 shares during the quarter. RFG Advisory LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $478,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Global X U.S. Infrastructure Development ETF by 14.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock valued at $59,608,000 after buying an additional 198,255 shares in the last quarter. NewEdge Advisors LLC raised its position in Global X U.S. Infrastructure Development ETF by 37.1% during the second quarter. NewEdge Advisors LLC now owns 77,603 shares of the company’s stock valued at $2,873,000 after purchasing an additional 20,980 shares during the period. Granite Bay Wealth Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at approximately $3,081,000. Heritage Oak Wealth Advisors LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth approximately $779,000. Finally, Sanctuary Advisors LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at approximately $7,041,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE opened at $42.00 on Tuesday. The firm has a market capitalization of $8.05 billion, a PE ratio of 20.28 and a beta of 1.13. The stock’s fifty day moving average is $42.86 and its 200 day moving average is $41.02. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders 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.