Exchange Traded Concepts LLC Purchases 10,088 Shares of Global X MLP ETF $MLPA

Exchange Traded Concepts LLC raised its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 186,220 shares of the company’s stock after buying an additional 10,088 shares during the quarter. Exchange Traded Concepts LLC owned about 0.48% of Global X MLP ETF worth $9,015,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MLPA. Goldman Sachs Group Inc. bought a new position in shares of Global X MLP ETF during the 1st quarter worth approximately $761,000. Empowered Funds LLC purchased a new stake in Global X MLP ETF during the first quarter valued at approximately $1,555,000. CreativeOne Wealth LLC lifted its position in Global X MLP ETF by 8.1% during the second quarter. CreativeOne Wealth LLC now owns 5,014 shares of the company’s stock valued at $252,000 after acquiring an additional 377 shares during the last quarter. Choreo LLC boosted its stake in Global X MLP ETF by 6.5% in the second quarter. Choreo LLC now owns 14,167 shares of the company’s stock valued at $711,000 after acquiring an additional 867 shares in the last quarter. Finally, Lido Advisors LLC boosted its stake in Global X MLP ETF by 20.0% in the second quarter. Lido Advisors LLC now owns 24,037 shares of the company’s stock valued at $1,207,000 after acquiring an additional 4,007 shares in the last quarter.

Global X MLP ETF Stock Performance

Shares of MLPA stock opened at $54.95 on Monday. The business’s fifty day simple moving average is $52.90 and its 200-day simple moving average is $50.04. The company has a market cap of $2.16 billion, a PE ratio of 14.42 and a beta of 0.64. Global X MLP ETF has a 12-month low of $45.09 and a 12-month high of $55.74.

Global X MLP ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend was Monday, February 9th. This is a positive change from Global X MLP ETF’s previous quarterly dividend of $0.98.

About Global X MLP ETF

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.