Burke & Herbert Bank & Trust Co. Sells 370 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Burke & Herbert Bank & Trust Co. trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 58,435 shares of the company’s stock after selling 370 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,361,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Blue Chip Partners LLC bought a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $249,000. Sanctuary Advisors LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 20.9% in the 4th quarter. Sanctuary Advisors LLC now owns 218,062 shares of the company’s stock worth $9,296,000 after buying an additional 37,752 shares during the period. Principal Financial Group Inc. grew its stake in Global X U.S. Infrastructure Development ETF by 40.0% in the 4th quarter. Principal Financial Group Inc. now owns 3,479,800 shares of the company’s stock valued at $140,619,000 after buying an additional 994,800 shares in the last quarter. Sierra Ocean LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $252,000. Finally, JFS Wealth Advisors LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 7.7% during the fourth quarter. JFS Wealth Advisors LLC now owns 34,735 shares of the company’s stock worth $1,404,000 after acquiring an additional 2,475 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS PAVE opened at $41.92 on Monday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The stock has a market cap of $8.03 billion, a PE ratio of 20.28 and a beta of 1.13. The stock has a fifty day moving average of $41.91 and a 200-day moving average of $41.35.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a dividend of $0.1394 per share. The ex-dividend date was Monday, December 30th.

About Global X U.S. Infrastructure Development ETF

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.