Secure Asset Management LLC Has $513,000 Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Secure Asset Management LLC boosted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 16.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,695 shares of the company’s stock after purchasing 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 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Chicago Wealth Management Inc. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 4.1% in the second quarter. Chicago Wealth Management Inc. now owns 208,267 shares of the company’s stock worth $7,711,000 after purchasing an additional 8,234 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Global X U.S. Infrastructure Development ETF by 14.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock worth $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% in the 2nd quarter. NewEdge Advisors LLC now owns 77,603 shares of the company’s stock valued at $2,873,000 after buying an additional 20,980 shares during the last quarter. Granite Bay Wealth Management LLC bought a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at $3,081,000. Finally, Heritage Oak Wealth Advisors LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth $779,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE stock opened at $43.67 on Friday. The firm has a 50-day moving average of $42.87 and a 200-day moving average of $40.91. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The company has a market cap of $8.36 billion, a P/E ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a $0.1394 dividend. 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.