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

Capital Asset Advisory Services LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 673,415 shares of the company’s stock after buying an additional 29,724 shares during the quarter. Global X U.S. Infrastructure Development ETF comprises approximately 1.4% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 20th biggest holding. Capital Asset Advisory Services LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $27,482,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Chicago Wealth Management Inc. boosted its stake in Global X U.S. Infrastructure Development ETF by 4.1% during the 2nd quarter. Chicago Wealth Management Inc. now owns 208,267 shares of the company’s stock worth $7,711,000 after acquiring an additional 8,234 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Global X U.S. Infrastructure Development ETF by 14.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock worth $59,608,000 after acquiring an additional 198,255 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 37.1% during the 2nd quarter. NewEdge Advisors LLC now owns 77,603 shares of the company’s stock worth $2,873,000 after acquiring an additional 20,980 shares during the last quarter. Granite Bay Wealth Management LLC bought a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $3,081,000. Finally, Heritage Oak Wealth Advisors LLC bought a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at approximately $779,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE opened at $43.67 on Monday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The firm’s 50 day moving average price is $42.86 and its two-hundred day moving average price is $40.99. The firm has a market cap of $8.36 billion, a P/E ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

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