Truist Financial Corp Has $3.12 Million Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Truist Financial Corp trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,289 shares of the company’s stock after selling 454 shares during the period. Truist Financial Corp’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,123,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Blue Chip Partners LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at approximately $249,000. Sanctuary Advisors LLC raised 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 valued at $9,296,000 after buying an additional 37,752 shares during the last quarter. Principal Financial Group Inc. raised its holdings 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 during the last quarter. Sierra Ocean LLC bought a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at approximately $252,000. Finally, JFS Wealth Advisors LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 7.7% in the 4th quarter. JFS Wealth Advisors LLC now owns 34,735 shares of the company’s stock valued at $1,404,000 after buying an additional 2,475 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $39.98 on Wednesday. The company has a 50 day simple moving average of $41.59 and a 200 day simple moving average of $41.54. The firm has a market cap of $8.38 billion, a PE ratio of 23.20 and a beta of 1.25. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared 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 of this dividend was Monday, December 30th.

Global X U.S. Infrastructure Development ETF Profile

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.