Beacon Financial Advisory LLC Has $1.41 Million Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Beacon Financial Advisory LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,997 shares of the company’s stock after purchasing an additional 2,093 shares during the period. Beacon Financial Advisory LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,414,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. MassMutual Private Wealth & Trust FSB bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at about $28,000. Hanson & Doremus Investment Management acquired a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $28,000. Trivant Custom Portfolio Group LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth $32,000. Synergy Asset Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $38,000. Finally, First PREMIER Bank acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $39,000.

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

PAVE stock opened at $41.84 on Thursday. 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 cap of $8.01 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The business has a 50 day moving average price of $42.47 and a two-hundred day moving average price of $41.19.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.1394 per share. The ex-dividend date 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.