Bank of America Corp DE Has $35.77 Million Stake in Global X MLP ETF (NYSEARCA:MLPA)

Bank of America Corp DE cut its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 42.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,663,584 shares of the company’s stock after selling 3,486,446 shares during the quarter. Bank of America Corp DE owned about 4.64% of Global X MLP ETF worth $35,770,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC raised its position in Global X MLP ETF by 407.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,529 shares of the company’s stock valued at $80,000 after purchasing an additional 8,456 shares in the last quarter. Hurlow Wealth Management Group Inc. acquired a new stake in shares of Global X MLP ETF during the 4th quarter worth about $108,000. Mission Wealth Management LP raised its position in shares of Global X MLP ETF by 13.0% during the 4th 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 in the last quarter. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of Global X MLP ETF during the 4th quarter worth about $154,000. Finally, PFG Advisors raised its position in shares of Global X MLP ETF by 9.1% during the 4th quarter. PFG Advisors now owns 20,397 shares of the company’s stock worth $179,000 after acquiring an additional 1,697 shares in the last quarter.

NYSEARCA:MLPA traded down $0.05 during mid-day trading on Friday, reaching $8.75. 730,763 shares of the stock were exchanged, compared to its average volume of 901,200. Global X MLP ETF has a 1 year low of $7.27 and a 1 year high of $10.26.

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Institutional Ownership by Quarter for Global X MLP ETF (NYSEARCA:MLPA)

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