27,563 Shares in Global X MLP & Energy Infrastructure ETF $MLPX Bought by Tcfg Wealth Management LLC

Tcfg Wealth Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 27,563 shares of the company’s stock, valued at approximately $1,728,000. Tcfg Wealth Management LLC owned about 0.07% of Global X MLP & Energy Infrastructure ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp raised its holdings in Global X MLP & Energy Infrastructure ETF by 709.9% in the third quarter. Fifth Third Bancorp now owns 575 shares of the company’s stock worth $36,000 after purchasing an additional 504 shares in the last quarter. Blume Capital Management Inc. boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 493.8% during the 3rd quarter. Blume Capital Management Inc. now owns 962 shares of the company’s stock valued at $60,000 after buying an additional 800 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of Global X MLP & Energy Infrastructure ETF by 24,040.0% in the 2nd 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. VSM Wealth Advisory LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 902.0% in the 2nd quarter. VSM Wealth Advisory LLC now owns 1,493 shares of the company’s stock worth $94,000 after buying an additional 1,344 shares during the period. Finally, MCF Advisors LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 60.8% in the 3rd quarter. MCF Advisors LLC now owns 2,156 shares of the company’s stock worth $135,000 after acquiring an additional 815 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $72.57 on Wednesday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $53.54 and a 1 year high of $73.31. The stock has a market cap of $3.16 billion, a P/E ratio of 19.10 and a beta of 0.79. The firm has a 50-day moving average of $67.22 and a 200 day moving average of $62.75.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were given a $0.74 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.1%. This is an increase from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.08.

Global X MLP & Energy Infrastructure ETF Profile

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.