Castle Wealth Management LLC Sells 7,816 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Castle Wealth Management LLC decreased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 118,731 shares of the company’s stock after selling 7,816 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for about 1.9% of Castle Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. Castle Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,814,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $28,000. Hanson & Doremus Investment Management bought a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $28,000. Trivant Custom Portfolio Group LLC bought a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $32,000. Synergy Asset Management LLC bought a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $38,000. Finally, Howe & Rusling Inc. bought a new position in Global X U.S. Infrastructure Development ETF in the third quarter worth approximately $39,000.

Global X U.S. Infrastructure Development ETF Stock Up 0.2 %

Shares of BATS:PAVE opened at $41.54 on Thursday. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The stock has a market cap of $7.96 billion, a P/E ratio of 20.28 and a beta of 1.13. The business’s 50 day moving average is $42.11 and its 200 day moving average is $41.30.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

About Global X U.S. Infrastructure Development ETF

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.