Advisory Alpha LLC Purchases Shares of 22,753 Global X MLP ETF $MLPA

Advisory Alpha LLC acquired a new stake in Global X MLP ETF (NYSEARCA:MLPA) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 22,753 shares of the company’s stock, valued at approximately $1,103,000. Advisory Alpha LLC owned approximately 0.06% of Global X MLP ETF as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in Global X MLP ETF in the second quarter valued at about $5,045,000. Blue Edge Capital LLC acquired a new stake in Global X MLP ETF during the second quarter valued at approximately $3,409,000. Exchange Traded Concepts LLC grew its stake in shares of Global X MLP ETF by 32.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 176,132 shares of the company’s stock valued at $8,528,000 after purchasing an additional 42,985 shares during the period. Private Advisory Group LLC grew its stake in shares of Global X MLP ETF by 116.4% in the 3rd quarter. Private Advisory Group LLC now owns 67,212 shares of the company’s stock valued at $3,254,000 after purchasing an additional 36,147 shares during the period. Finally, Advisors Asset Management Inc. raised its holdings in shares of Global X MLP ETF by 37.0% in the 3rd quarter. Advisors Asset Management Inc. now owns 124,371 shares of the company’s stock worth $6,022,000 after buying an additional 33,584 shares in the last quarter.

Global X MLP ETF Price Performance

Global X MLP ETF stock opened at $54.34 on Friday. The business has a 50 day simple moving average of $51.25 and a 200 day simple moving average of $49.51. The company has a market capitalization of $2.14 billion, a PE ratio of 14.42 and a beta of 0.64. Global X MLP ETF has a one year low of $45.09 and a one year high of $54.61.

Global X MLP 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 paid a $1.00 dividend. The ex-dividend date was Monday, February 9th. This represents a $4.00 annualized dividend and a dividend yield of 7.4%. This is a boost from Global X MLP ETF’s previous quarterly dividend of $0.98.

Global X MLP ETF Profile

The Global X MLP ETF (MLPA) is an exchange-traded fund that is based on the Solactive MLP Infrastructure index, a market-cap-weighted index of US-listed midstream MLPs, and is structured as a C-corporation. MLPA was launched on Apr 18, 2012 and is managed by Global X.