Stratos Wealth Advisors LLC Acquires 11,604 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Stratos Wealth Advisors LLC lifted its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 9.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 136,732 shares of the company’s stock after purchasing an additional 11,604 shares during the period. Stratos Wealth Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $8,574,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MLPX. Midwest Professional Planners LTD. grew its position in shares of Global X MLP & Energy Infrastructure ETF by 0.8% during the 3rd quarter. Midwest Professional Planners LTD. now owns 23,752 shares of the company’s stock worth $1,489,000 after buying an additional 180 shares during the period. Advisory Services Network LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 0.7% in the second quarter. Advisory Services Network LLC now owns 28,092 shares of the company’s stock worth $1,747,000 after purchasing an additional 184 shares during the period. IFP Advisors Inc boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 35.5% during the second quarter. IFP Advisors Inc now owns 722 shares of the company’s stock worth $45,000 after purchasing an additional 189 shares in the last quarter. NWF Advisory Services Inc. increased its position in shares of Global X MLP & Energy Infrastructure ETF by 6.9% in the 3rd quarter. NWF Advisory Services Inc. now owns 3,870 shares of the company’s stock valued at $243,000 after buying an additional 250 shares in the last quarter. Finally, Birch Capital Management LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 2.1% during the 3rd quarter. Birch Capital Management LLC now owns 12,736 shares of the company’s stock worth $799,000 after buying an additional 265 shares during the period.

Global X MLP & Energy Infrastructure ETF Trading Up 0.5%

NYSEARCA:MLPX opened at $67.37 on Wednesday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $53.54 and a 1 year high of $67.59. The stock has a 50-day moving average price of $61.94 and a two-hundred day moving average price of $60.98. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 19.10 and a beta of 0.79.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Monday, February 9th will be paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Monday, February 9th. This is a positive change from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.08.

About Global X MLP & Energy Infrastructure ETF

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.