Krilogy Financial LLC Increases Stock Holdings in Global X MLP ETF $MLPA

Krilogy Financial LLC grew its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 188.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,170 shares of the company’s stock after acquiring an additional 24,295 shares during the quarter. Krilogy Financial LLC owned about 0.10% of Global X MLP ETF worth $1,796,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Clean Yield Group purchased a new stake in shares of Global X MLP ETF during the 3rd quarter valued at about $26,000. Smartleaf Asset Management LLC purchased a new stake in shares of Global X MLP ETF during the third quarter valued at approximately $46,000. Private Trust Co. NA lifted its position in shares of Global X MLP ETF by 39.2% during the third quarter. Private Trust Co. NA now owns 1,066 shares of the company’s stock worth $52,000 after purchasing an additional 300 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Global X MLP ETF by 230.0% during the second quarter. Blue Trust Inc. now owns 1,099 shares of the company’s stock worth $55,000 after purchasing an additional 766 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Global X MLP ETF in the third quarter valued at $201,000.

Global X MLP ETF Trading Up 1.0%

MLPA opened at $52.16 on Thursday. Global X MLP ETF has a twelve month low of $45.09 and a twelve month high of $54.17. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 14.42 and a beta of 0.64. The company has a fifty day simple moving average of $49.77 and a 200 day simple moving average of $49.16.

Global X MLP ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Monday, February 9th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, February 9th. This is a positive change from Global X MLP ETF’s previous quarterly dividend of $0.98. This represents a $4.00 dividend on an annualized basis and a dividend yield of 7.7%.

Global X MLP ETF Company 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.