Sanctuary Advisors LLC Acquires 37,752 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Sanctuary Advisors LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 20.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 218,062 shares of the company’s stock after purchasing an additional 37,752 shares during the period. Sanctuary Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $9,296,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in PAVE. Principal Financial Group Inc. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 40.0% during the fourth quarter. Principal Financial Group Inc. now owns 3,479,800 shares of the company’s stock worth $140,619,000 after purchasing an additional 994,800 shares during the period. EP Wealth Advisors LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the third quarter worth approximately $31,003,000. Axxcess Wealth Management LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% during the third quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock worth $27,909,000 after purchasing an additional 627,585 shares during the period. Bank of Montreal Can increased its stake in shares of Global X U.S. Infrastructure Development ETF by 3.0% during the third 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 period. Finally, First Interstate Bank increased its stake in shares of 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 purchasing an additional 357,771 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 2.2 %

Shares of BATS PAVE opened at $42.35 on Wednesday. The firm has a market cap of $8.11 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The business’s 50 day moving average is $41.86 and its 200-day moving average is $41.37.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Investors 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.

Global X U.S. Infrastructure Development ETF Profile

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.