Youngs Advisory Group Inc. lessened its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 96.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,493 shares of the company’s stock after selling 330,005 shares during the quarter. Youngs Advisory Group Inc.’s holdings in Global X MLP ETF were worth $111,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of MLPA. Bay Harbor Wealth Management LLC increased its position in shares of Global X MLP ETF by 94.0% during the first quarter. Bay Harbor Wealth Management LLC now owns 7,673 shares of the company’s stock worth $68,000 after acquiring an additional 3,717 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Global X MLP ETF by 407.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,529 shares of the company’s stock worth $80,000 after acquiring an additional 8,456 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Global X MLP ETF during the first quarter worth about $88,000. Mission Wealth Management LP increased its position in shares of Global X MLP ETF by 13.0% during the fourth quarter. Mission Wealth Management LP now owns 13,036 shares of the company’s stock worth $100,000 after acquiring an additional 1,501 shares during the last quarter. Finally, Hurlow Wealth Management Group Inc. purchased a new stake in shares of Global X MLP ETF during the fourth quarter worth about $108,000.
Global X MLP ETF stock traded up $0.02 during midday trading on Friday, hitting $8.79. The stock had a trading volume of 9,636 shares, compared to its average volume of 875,894. Global X MLP ETF has a 12 month low of $7.27 and a 12 month high of $10.26.
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 8th were paid a $0.1815 dividend. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.73 dividend on an annualized basis and a yield of 8.26%.
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