Stratos Wealth Advisors LLC Boosts Stock Position in Global X MLP & Energy Infrastructure ETF $MLPX

Stratos Wealth Advisors LLC raised its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 5.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 144,733 shares of the company’s stock after purchasing an additional 8,001 shares during the period. Stratos Wealth Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $8,761,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its position in shares of Global X MLP & Energy Infrastructure ETF by 3.1% during the third quarter. Envestnet Asset Management Inc. now owns 359,600 shares of the company’s stock worth $22,551,000 after buying an additional 10,828 shares in the last quarter. Global Retirement Partners LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 49.2% in the third quarter. Global Retirement Partners LLC now owns 60,907 shares of the company’s stock valued at $3,820,000 after acquiring an additional 20,098 shares in the last quarter. American Trust bought a new position in Global X MLP & Energy Infrastructure ETF during the 2nd quarter valued at $1,418,000. Capital Advisors Ltd. LLC grew its holdings in Global X MLP & Energy Infrastructure ETF by 54.5% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 32,091 shares of the company’s stock worth $2,012,000 after acquiring an additional 11,318 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth about $610,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $73.21 on Friday. The firm has a market cap of $3.26 billion, a PE ratio of 19.10 and a beta of 0.79. The firm’s 50-day simple moving average is $70.47 and its 200-day simple moving average is $63.90. Global X MLP & Energy Infrastructure ETF has a 1 year low of $53.54 and a 1 year high of $76.40.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were issued a $0.74 dividend. This is an increase from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.08. This represents a $2.96 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, February 9th.

About Global X MLP & Energy Infrastructure ETF

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.