HL Financial Services LLC bought a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,312 shares of the company’s stock, valued at approximately $176,000.

Several other institutional investors and hedge funds have also modified their holdings of MLPX. Arlington Partners LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at about $18,244,000. LPL Financial LLC increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 12,194,747 shares of the company’s stock valued at $133,289,000 after purchasing an additional 1,081,158 shares during the period. Sage Financial Group Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at about $13,719,000. Morningstar Investment Services LLC increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 28.1% in the 4th quarter. Morningstar Investment Services LLC now owns 3,469,986 shares of the company’s stock valued at $37,928,000 after purchasing an additional 762,009 shares during the period. Finally, Morgan Stanley increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 43.7% in the 3rd quarter. Morgan Stanley now owns 2,365,932 shares of the company’s stock valued at $31,608,000 after purchasing an additional 719,788 shares during the period.

Shares of NYSEARCA MLPX opened at $12.93 on Thursday. Global X MLP & Energy Infrastructure ETF has a 52 week low of $10.29 and a 52 week high of $14.28.

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Wednesday, May 8th were paid a $0.1746 dividend. This is a boost from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.70 annualized dividend and a dividend yield of 5.40%.

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

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