1858 Wealth Management LLC Has $253,000 Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

1858 Wealth Management LLC lowered its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 56.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,270 shares of the company’s stock after selling 8,212 shares during the quarter. 1858 Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $253,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Avior Wealth Management LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 3.9% in the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after purchasing an additional 254 shares during the last quarter. Richardson Capital Management LLC boosted its holdings 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 acquiring an additional 326 shares in the last quarter. Diversify Advisory Services LLC grew its position 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 acquiring an additional 380 shares during the last quarter. Tandem Capital Management Corp ADV increased its holdings in Global X U.S. Infrastructure Development ETF by 2.6% in the 4th quarter. Tandem Capital Management Corp ADV now owns 16,070 shares of the company’s stock worth $649,000 after purchasing an additional 400 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC raised its position in Global X U.S. Infrastructure Development ETF by 5.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 7,582 shares of the company’s stock valued at $306,000 after purchasing an additional 403 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Global X U.S. Infrastructure Development ETF stock opened at $41.74 on Wednesday. The business has a 50 day moving average of $42.55 and a 200-day moving average of $41.16. The company has a market capitalization of $7.99 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.

Global X U.S. Infrastructure Development ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid 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.