American Institute for Advanced Investment Management LLP Sells 2,425 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

American Institute for Advanced Investment Management LLP lessened its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.6% during the fourth quarter, HoldingsChannel reports. The firm owned 41,135 shares of the company’s stock after selling 2,425 shares during the period. Global X U.S. Infrastructure Development ETF comprises approximately 1.2% of American Institute for Advanced Investment Management LLP’s portfolio, making the stock its 15th biggest holding. American Institute for Advanced Investment Management LLP’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,662,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Avior Wealth Management LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 3.9% during the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after acquiring an additional 254 shares during the period. Richardson Capital Management LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 8.3% during the 3rd quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock valued at $176,000 after purchasing an additional 326 shares during the period. Diversify Advisory Services LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 1.5% during the 4th quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock worth $1,048,000 after purchasing an additional 380 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 5.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 7,582 shares of the company’s stock worth $306,000 after purchasing an additional 403 shares in the last quarter. Finally, Brookstone Capital Management boosted its stake in Global X U.S. Infrastructure Development ETF by 1.6% in the 3rd quarter. Brookstone Capital Management now owns 26,679 shares of the company’s stock worth $1,098,000 after purchasing an additional 416 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 1.5 %

Shares of PAVE opened at $42.06 on Thursday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The stock has a market cap of $8.06 billion, a PE ratio of 20.28 and a beta of 1.13. The business’s 50-day moving average price is $42.78 and its 200-day moving average price is $41.08.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Investors 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 Company 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.