Global X MLP & Energy Infrastructure ETF $MLPX Shares Acquired by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 27.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,978 shares of the company’s stock after purchasing an additional 7,381 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,131,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MLPX. Briaud Financial Planning Inc grew its position in Global X MLP & Energy Infrastructure ETF by 1,270.6% during the second quarter. Briaud Financial Planning Inc now owns 466 shares of the company’s stock worth $29,000 after buying an additional 432 shares during the period. Fifth Third Bancorp boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 709.9% during the 3rd quarter. Fifth Third Bancorp now owns 575 shares of the company’s stock worth $36,000 after acquiring an additional 504 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 35.5% in the 2nd quarter. IFP Advisors Inc now owns 722 shares of the company’s stock worth $45,000 after acquiring an additional 189 shares during the period. First Horizon Advisors Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth approximately $57,000. Finally, Blume Capital Management Inc. increased its stake in 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 valued at $60,000 after purchasing an additional 800 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX stock opened at $69.19 on Thursday. The stock has a fifty day moving average price of $62.90 and a 200 day moving average price of $61.28. The stock has a market cap of $3.01 billion, a PE ratio of 19.10 and a beta of 0.79. Global X MLP & Energy Infrastructure ETF has a 1 year low of $53.54 and a 1 year high of $69.90.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were paid a dividend of $0.74 per share. This is a boost from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Monday, February 9th. This represents a $2.96 annualized dividend and a dividend yield of 4.3%.

Global X MLP & Energy Infrastructure ETF Company 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.