Stonebridge Financial Group LLC Purchases Shares of 7,240 Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Stonebridge Financial Group LLC acquired a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 7,240 shares of the company’s stock, valued at approximately $293,000.

Several other large investors have also made changes to their positions in PAVE. Bank of Montreal Can grew its position in 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 worth $822,978,000 after purchasing an additional 586,418 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 19.9% in the 3rd 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 grew its stake in Global X U.S. Infrastructure Development ETF by 47.6% during the third quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after buying an additional 357,771 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Global X U.S. Infrastructure Development ETF by 3.1% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock worth $44,735,000 after acquiring an additional 32,939 shares during the last quarter. Finally, Moss Adams Wealth Advisors LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.0% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock worth $39,536,000 after purchasing an additional 10,056 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 1.5 %

PAVE opened at $42.06 on Wednesday. The firm has a 50-day moving average price of $42.17 and a two-hundred day moving average price of $41.28. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The stock has a market capitalization of $8.06 billion, a PE ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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

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.