Raymond James Financial Services Advisors Inc. increased its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 158.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,088 shares of the company’s stock after buying an additional 46,079 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Global X MLP ETF were worth $666,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. First Allied Advisory Services Inc. lifted its position in shares of Global X MLP ETF by 1,335.8% during the 4th quarter. First Allied Advisory Services Inc. now owns 1,754,640 shares of the company’s stock valued at $13,450,000 after buying an additional 1,632,437 shares during the last quarter. Pinnacle Advisory Group Inc. increased its position in shares of Global X MLP ETF by 530.0% during the 4th quarter. Pinnacle Advisory Group Inc. now owns 519,934 shares of the company’s stock valued at $3,988,000 after purchasing an additional 437,409 shares during the last quarter. Tradewinds Capital Management LLC grew its position in Global X MLP ETF by 5,936.3% during the 1st quarter. Tradewinds Capital Management LLC now owns 432,921 shares of the company’s stock worth $3,840,000 after acquiring an additional 425,749 shares during the last quarter. Mackenzie Financial Corp purchased a new stake in Global X MLP ETF in the 4th quarter worth approximately $1,410,000. Finally, Swaine & Leidel Wealth Services LLC purchased a new stake in Global X MLP ETF in the 4th quarter worth approximately $1,480,000.

Shares of Global X MLP ETF stock traded up $0.03 on Wednesday, reaching $8.75. The company’s stock had a trading volume of 1,170,006 shares, compared to its average volume of 834,607. Global X MLP ETF has a 52 week low of $7.27 and a 52 week high of $10.26.

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 8th were issued a dividend of $0.1815 per share. This represents a $0.73 annualized dividend and a yield of 8.30%. The ex-dividend date of this dividend was Tuesday, May 7th.

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Institutional Ownership by Quarter for Global X MLP ETF (NYSEARCA:MLPA)

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