Advisors Asset Management Inc. Acquires 28,367 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Advisors Asset Management Inc. lifted its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 36.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 107,057 shares of the company’s stock after buying an additional 28,367 shares during the quarter. Advisors Asset Management Inc. owned about 0.25% of Global X MLP & Energy Infrastructure ETF worth $6,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Briaud Financial Planning Inc boosted its stake in Global X MLP & Energy Infrastructure ETF by 1,270.6% in the 2nd quarter. Briaud Financial Planning Inc now owns 466 shares of the company’s stock worth $29,000 after purchasing an additional 432 shares in the last quarter. IFP Advisors Inc grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 35.5% during the 2nd quarter. IFP Advisors Inc now owns 722 shares of the company’s stock valued at $45,000 after purchasing an additional 189 shares during the period. First Horizon Advisors Inc. purchased a new stake in Global X MLP & Energy Infrastructure ETF during the second quarter valued at approximately $57,000. Blume Capital Management Inc. increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 493.8% in the 3rd quarter. Blume Capital Management Inc. now owns 962 shares of the company’s stock worth $60,000 after purchasing an additional 800 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 24,040.0% in the second quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock worth $76,000 after buying an additional 1,202 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of MLPX stock opened at $68.00 on Friday. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 19.10 and a beta of 0.79. The company’s fifty day moving average price is $62.21 and its 200-day moving average price is $61.07. Global X MLP & Energy Infrastructure ETF has a one year low of $53.54 and a one year high of $68.86.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were given a dividend of $0.74 per share. The ex-dividend date was Monday, February 9th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.4%. This is an increase from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.08.

About Global X MLP & Energy Infrastructure ETF

The Global X MLP & Energy Infrastructure ETF (MLPX) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of MLPs and companies engaged in energy infrastructure. The ETF is structured as an open-ended fund. MLPX was launched on Aug 7, 2013 and is managed by Global X.