Capital Asset Advisory Services LLC Has $27.48 Million Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Capital Asset Advisory Services LLC increased its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 673,415 shares of the company’s stock after purchasing an additional 29,724 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up approximately 1.4% of Capital Asset Advisory Services LLC’s holdings, making the stock its 20th biggest holding. Capital Asset Advisory Services LLC owned approximately 0.35% of Global X U.S. Infrastructure Development ETF worth $27,482,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $28,000. Trivant Custom Portfolio Group LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $32,000. First PREMIER Bank acquired a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $39,000. Howe & Rusling Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $39,000. Finally, Bartlett & CO. Wealth Management LLC increased its position in Global X U.S. Infrastructure Development ETF by 102.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,095 shares of the company’s stock valued at $44,000 after acquiring an additional 553 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 5.3 %

PAVE opened at $43.67 on Monday. The stock has a market capitalization of $8.36 billion, a PE 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 firm has a 50-day moving average price of $42.86 and a two-hundred day moving average price of $40.99.

Global X U.S. Infrastructure Development ETF Announces Dividend

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