Allodium Investment Consultants LLC Takes $886,000 Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Allodium Investment Consultants LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 21,933 shares of the company’s stock, valued at approximately $886,000. Global X U.S. Infrastructure Development ETF makes up 0.7% of Allodium Investment Consultants LLC’s investment portfolio, making the stock its 27th largest position.

A number of other large investors have also added to or reduced their stakes in PAVE. Avior Wealth Management LLC raised its holdings in shares of 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 buying an additional 254 shares in the last quarter. Crewe Advisors LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 17.4% during the fourth quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock worth $80,000 after acquiring an additional 293 shares in the last quarter. Richardson Capital Management LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 8.3% during the third quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock worth $176,000 after acquiring an additional 326 shares in the last quarter. Diversify Advisory Services LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 1.5% during the fourth 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 in the last quarter. Finally, Tandem Capital Management Corp ADV raised its stake in shares of Global X U.S. Infrastructure Development ETF by 2.6% during the fourth quarter. Tandem Capital Management Corp ADV now owns 16,070 shares of the company’s stock worth $649,000 after acquiring an additional 400 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 2.4 %

Shares of BATS:PAVE opened at $40.44 on Friday. The stock has a market cap of $7.74 billion, a PE ratio of 20.28 and a beta of 1.13. The company’s fifty day moving average is $41.70 and its 200 day moving average is $41.47. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.1394 dividend. The ex-dividend date 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.