Heritage Oak Wealth Advisors LLC Takes Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Heritage Oak Wealth Advisors LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 29,168 shares of the company’s stock, valued at approximately $1,179,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Proficio Capital Partners LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $771,000. Oppenheimer & Co. Inc. boosted its position in Global X U.S. Infrastructure Development ETF by 15.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 114,278 shares of the company’s stock worth $4,618,000 after buying an additional 15,667 shares during the period. Kovack Advisors Inc. grew its holdings in Global X U.S. Infrastructure Development ETF by 20.1% during the 4th quarter. Kovack Advisors Inc. now owns 11,677 shares of the company’s stock worth $472,000 after acquiring an additional 1,952 shares during the last quarter. WT Wealth Management increased its position in Global X U.S. Infrastructure Development ETF by 3.9% in the 4th quarter. WT Wealth Management now owns 58,985 shares of the company’s stock valued at $2,384,000 after acquiring an additional 2,222 shares during the period. Finally, NewEdge Wealth LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at $1,465,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS:PAVE opened at $40.15 on Thursday. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The firm has a market cap of $8.42 billion, a PE ratio of 23.20 and a beta of 1.25. The firm’s fifty day moving average is $41.55 and its 200-day moving average is $41.53.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued 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.