20,907 Shares in Global X MLP & Energy Infrastructure ETF $MLPX Bought by Spinnaker Investment Group LLC

Spinnaker Investment Group LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 20,907 shares of the company’s stock, valued at approximately $1,266,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MLPX. Fifth Third Bancorp grew its position 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 valued at $36,000 after acquiring an additional 504 shares during the period. 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 valued at $60,000 after purchasing an additional 800 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in 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 purchasing an additional 1,202 shares during the period. Sunbelt Securities Inc. raised its holdings in Global X MLP & Energy Infrastructure ETF by 66.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,883 shares of the company’s stock worth $118,000 after purchasing an additional 754 shares during the period. Finally, MCF Advisors LLC boosted its position in Global X MLP & Energy Infrastructure ETF by 60.8% during the third quarter. MCF Advisors LLC now owns 2,156 shares of the company’s stock worth $135,000 after purchasing an additional 815 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 0.9%

Shares of MLPX opened at $75.08 on Wednesday. The firm has a market cap of $3.27 billion, a P/E ratio of 19.10 and a beta of 0.79. Global X MLP & Energy Infrastructure ETF has a 12 month low of $53.54 and a 12 month high of $75.89. The stock’s 50 day moving average is $68.59 and its two-hundred day moving average is $63.20.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The firm 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. This is a positive change from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Monday, February 9th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.9%.

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.