Secure Asset Management LLC Acquires 1,815 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Secure Asset Management LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 16.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,695 shares of the company’s stock after buying an additional 1,815 shares during the quarter. Secure Asset Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $513,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in PAVE. Bank of Montreal Can grew its position in shares of Global X U.S. Infrastructure Development ETF by 3.0% during 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 during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Global X U.S. Infrastructure Development ETF by 14.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock valued at $59,608,000 after purchasing an additional 198,255 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 19.9% during 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 during the period. First Interstate Bank increased its position in Global X U.S. Infrastructure Development ETF by 47.6% in 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. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 30.0% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,073,601 shares of the company’s stock valued at $44,007,000 after buying an additional 247,941 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE stock opened at $43.67 on Friday. The stock has a fifty day moving average of $42.87 and a 200-day moving average of $40.91. 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. The company has a market capitalization of $8.36 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

The firm 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.