Matrix Private Capital Group LLC Purchases 18,963 Shares of Global X MLP ETF $MLPA

Matrix Private Capital Group LLC boosted its position in Global X MLP ETF (NYSEARCA:MLPA) by 19.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 115,023 shares of the company’s stock after purchasing an additional 18,963 shares during the period. Global X MLP ETF comprises 3.0% of Matrix Private Capital Group LLC’s holdings, making the stock its 9th largest position. Matrix Private Capital Group LLC owned about 0.31% of Global X MLP ETF worth $5,569,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE increased its position in Global X MLP ETF by 3.7% during the third quarter. Bank of America Corp DE now owns 1,187,268 shares of the company’s stock worth $57,488,000 after buying an additional 42,273 shares during the last quarter. Evergreen Capital Management LLC boosted its stake in shares of Global X MLP ETF by 1.1% during the 3rd quarter. Evergreen Capital Management LLC now owns 486,475 shares of the company’s stock worth $23,555,000 after acquiring an additional 5,487 shares during the period. Gradient Investments LLC increased its holdings in shares of Global X MLP ETF by 2.8% during the 3rd quarter. Gradient Investments LLC now owns 447,269 shares of the company’s stock worth $21,657,000 after acquiring an additional 12,166 shares during the last quarter. Cetera Investment Advisers raised its stake in Global X MLP ETF by 4.0% in the 2nd quarter. Cetera Investment Advisers now owns 389,422 shares of the company’s stock valued at $19,549,000 after acquiring an additional 14,988 shares during the period. Finally, Tectonic Advisors LLC lifted its holdings in Global X MLP ETF by 5.3% during the 3rd quarter. Tectonic Advisors LLC now owns 286,664 shares of the company’s stock valued at $13,880,000 after purchasing an additional 14,300 shares during the last quarter.

Global X MLP ETF Price Performance

MLPA stock opened at $53.83 on Tuesday. Global X MLP ETF has a one year low of $45.09 and a one year high of $54.61. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 14.42 and a beta of 0.64. The company has a fifty day moving average price of $51.98 and a two-hundred day moving average price of $49.71.

Global X MLP ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were issued a $1.00 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $4.00 annualized dividend and a yield of 7.4%. This is an increase from Global X MLP ETF’s previous quarterly dividend of $0.98.

Global X MLP ETF Profile

The Global X MLP ETF (MLPA) is an exchange-traded fund that is based on the Solactive MLP Infrastructure index, a market-cap-weighted index of US-listed midstream MLPs, and is structured as a C-corporation. MLPA was launched on Apr 18, 2012 and is managed by Global X.