12,464 Shares in Global X MLP ETF $MLPA Acquired by Puff Wealth Management LLC

Puff Wealth Management LLC acquired a new stake in Global X MLP ETF (NYSEARCA:MLPA) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,464 shares of the company’s stock, valued at approximately $608,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in shares of Global X MLP ETF by 3.7% in the 3rd quarter. Bank of America Corp DE now owns 1,187,268 shares of the company’s stock valued at $57,488,000 after purchasing an additional 42,273 shares during the period. Evergreen Capital Management LLC boosted its position in shares of Global X MLP ETF by 1.1% in the 3rd quarter. Evergreen Capital Management LLC now owns 486,475 shares of the company’s stock worth $23,555,000 after purchasing an additional 5,487 shares during the last quarter. Gradient Investments LLC boosted its position in shares of Global X MLP ETF by 2.8% in the 3rd quarter. Gradient Investments LLC now owns 447,269 shares of the company’s stock worth $21,657,000 after purchasing an additional 12,166 shares during the last quarter. Tectonic Advisors LLC grew its stake in shares of Global X MLP ETF by 5.3% during the third quarter. Tectonic Advisors LLC now owns 286,664 shares of the company’s stock worth $13,880,000 after purchasing an additional 14,300 shares during the period. Finally, Advisors Management Group Inc. ADV grew its stake in shares of Global X MLP ETF by 0.9% during the third quarter. Advisors Management Group Inc. ADV now owns 253,032 shares of the company’s stock worth $12,252,000 after purchasing an additional 2,191 shares during the period.

Global X MLP ETF Trading Down 0.2%

NYSEARCA MLPA opened at $54.44 on Friday. Global X MLP ETF has a 12 month low of $45.09 and a 12 month high of $54.94. The stock has a 50-day simple moving average of $52.44 and a 200 day simple moving average of $49.83. The company has a market capitalization of $2.14 billion, a PE ratio of 14.42 and a beta of 0.64.

Global X MLP ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were paid a $1.00 dividend. This is a boost from Global X MLP ETF’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Monday, February 9th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 7.3%.

About Global X MLP ETF

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.