Financial Advocates Investment Management lowered its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 35.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,245 shares of the company’s stock after selling 27,241 shares during the period. Financial Advocates Investment Management owned 0.13% of Global X MLP & Energy Infrastructure ETF worth $662,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MLPX. Shepherd Financial Partners LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the second quarter worth $173,000. First Allied Advisory Services Inc. raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 139.9% during the first quarter. First Allied Advisory Services Inc. now owns 18,278 shares of the company’s stock worth $214,000 after purchasing an additional 10,659 shares during the last quarter. Field & Main Bank purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the first quarter worth $345,000. Cetera Advisor Networks LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 16.9% during the first quarter. Cetera Advisor Networks LLC now owns 37,392 shares of the company’s stock worth $443,000 after purchasing an additional 5,417 shares during the last quarter. Finally, RMB Capital Management LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the first quarter worth $447,000.

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $14.03 on Friday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $11.36 and a 1 year high of $14.60.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 17th. Investors of record on Friday, August 10th were issued a dividend of $0.1638 per share. This represents a $0.66 annualized dividend and a dividend yield of 4.67%. The ex-dividend date of this dividend was Thursday, August 9th. This is a boost from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.16.

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Institutional Ownership by Quarter for Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

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