Warner Group LLC Makes New $5.74 Million Investment in Global X MLP & Energy Infrastructure ETF $MLPX

Warner Group LLC bought a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 91,546 shares of the company’s stock, valued at approximately $5,741,000. Global X MLP & Energy Infrastructure ETF makes up approximately 4.0% of Warner Group LLC’s holdings, making the stock its 9th biggest holding.

Several other institutional investors have also modified their holdings of the company. Naviter Wealth LLC increased its stake in Global X MLP & Energy Infrastructure ETF by 32.7% in the 3rd quarter. Naviter Wealth LLC now owns 72,821 shares of the company’s stock valued at $4,567,000 after purchasing an additional 17,927 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Global X MLP & Energy Infrastructure ETF by 36.0% during the third quarter. Advisors Asset Management Inc. now owns 107,057 shares of the company’s stock worth $6,714,000 after purchasing an additional 28,367 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in Global X MLP & Energy Infrastructure ETF by 14.1% in the third quarter. Stratos Wealth Partners LTD. now owns 25,743 shares of the company’s stock valued at $1,614,000 after purchasing an additional 3,187 shares during the last quarter. Stratos Wealth Advisors LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF by 9.3% in the third quarter. Stratos Wealth Advisors LLC now owns 136,732 shares of the company’s stock valued at $8,574,000 after buying an additional 11,604 shares in the last quarter. Finally, Blume Capital Management Inc. raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 493.8% during the 3rd quarter. Blume Capital Management Inc. now owns 962 shares of the company’s stock worth $60,000 after buying an additional 800 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Up 2.5%

Global X MLP & Energy Infrastructure ETF stock opened at $69.73 on Friday. The firm has a market capitalization of $3.04 billion, a PE ratio of 19.10 and a beta of 0.79. Global X MLP & Energy Infrastructure ETF has a 52 week low of $53.54 and a 52 week high of $69.79. The firm’s 50-day simple moving average is $62.38 and its 200 day simple moving average is $61.13.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were paid a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, February 9th. This is an increase from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.08. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.2%.

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.