Vestmark Advisory Solutions Inc. Invests $1.24 Million in Global X MLP & Energy Infrastructure ETF $MLPX

Vestmark Advisory Solutions Inc. purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,696 shares of the company’s stock, valued at approximately $1,235,000.

Other hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. bought a new stake in shares of Global X MLP & Energy Infrastructure ETF during the first quarter worth $217,000. Sumitomo Mitsui Trust Group Inc. increased its stake in Global X MLP & Energy Infrastructure ETF by 7.1% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 90,581 shares of the company’s stock worth $5,676,000 after buying an additional 5,968 shares during the period. Y Intercept Hong Kong Ltd lifted its holdings in Global X MLP & Energy Infrastructure ETF by 131.4% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 8,733 shares of the company’s stock valued at $547,000 after buying an additional 4,959 shares in the last quarter. Oarsman Capital Inc. boosted its position in Global X MLP & Energy Infrastructure ETF by 6.0% in the 2nd quarter. Oarsman Capital Inc. now owns 29,295 shares of the company’s stock valued at $1,836,000 after buying an additional 1,657 shares during the period. Finally, Flagship Harbor Advisors LLC grew its stake in Global X MLP & Energy Infrastructure ETF by 5.2% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 16,087 shares of the company’s stock worth $1,008,000 after acquiring an additional 801 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA:MLPX opened at $70.00 on Thursday. The firm’s 50 day simple moving average is $63.90 and its 200-day simple moving average is $61.59. Global X MLP & Energy Infrastructure ETF has a one year low of $53.54 and a one year high of $70.77. The firm has a market cap of $3.05 billion, a PE ratio of 19.10 and a beta of 0.79.

Global X MLP & Energy Infrastructure ETF Increases Dividend

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

Global X MLP & Energy Infrastructure ETF Company 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.