Global X U.S. Infrastructure Development ETF (PAVE)
Assets | $5.15B |
Expense Ratio | 0.47% |
PE Ratio | 17.27 |
Shares Out | n/a |
Dividend (ttm) | $0.22 |
Dividend Yield | 0.69% |
Ex-Dividend Date | Jun 29, 2023 |
Payout Ratio | 11.92% |
1-Year Return | +16.87% |
Volume | 485,707 |
Open | 31.86 |
Previous Close | 31.86 |
Day's Range | 31.79 - 32.02 |
52-Week Low | 26.20 |
52-Week High | 32.66 |
Beta | n/a |
Holdings | 99 |
Inception Date | Mar 6, 2017 |
About PAVE
Fund Home PageThe 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. PAVE was launched on Mar 6, 2017 and is issued by Global X.
Top 10 Holdings
31.78% of assetsName | Symbol | Weight |
---|---|---|
Eaton Corporation plc | ETN | 3.80% |
Parker-Hannifin Corporation | PH | 3.73% |
Trane Technologies plc | TT | 3.59% |
Fastenal Company | FAST | 3.32% |
United Rentals, Inc. | URI | 3.25% |
Union Pacific Corporation | UNP | 2.96% |
Nucor Corporation | NUE | 2.88% |
CSX Corporation | CSX | 2.78% |
Martin Marietta Materials, Inc. | MLM | 2.75% |
Vulcan Materials Company | VMC | 2.72% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Jun 29, 2023 | $0.07996 | Jul 10, 2023 |
Dec 29, 2022 | $0.14069 | Jan 9, 2023 |
Jun 29, 2022 | $0.08064 | Jul 8, 2022 |
Dec 30, 2021 | $0.09918 | Jan 7, 2022 |
Jun 29, 2021 | $0.03995 | Jul 8, 2021 |
Dec 30, 2020 | $0.05529 | Jan 8, 2021 |
News

ETF Issuer League: Avantis, GlobalX, Summit Up
In this week's edition of the ETF Issuer League, firms across multiple ETF AUM tiers have reason to celebrate. Shops including Avantis, Dimensional, Mirae's Global X suite, and boutique Summit Investm...

What Investors Can Learn From Thematic ETFs
When it comes to "thematics," past performance doesn't always matter.

White House Releases $185 Billion for Infrastructure: An ETF to Ponder
While most of the talk in the capital markets is centering on inflation, infrastructure projects are still moving forward despite an increase in material costs. As such, infrastructure-focused exchang...

Inflation Reduction Act May Boost Allure of Infrastructure ETFs
Two domestic infrastructure funds offer differing views on energy-related spending.

Global X Acquires ETF Securities Australia
The top issuer of thematic ETFs entered the Australian marketplace with a splash.
Infrastructure in focus ahead of key earnings reports
CNBC's Seema Mody reports on industrial stocks set to report earnings next week.

5 ETFs To With Major Growth Potential In January And Beyond, From Sports Betting To The Metaverse
The year 2021 left behind some huge storylines for investors. The investment themes may carry over into 2022, which could make some thematic ETFs worth considering in January and further into the year...

Play This ETF as Airport Infrastructure Gets Early Funding From Bill
The trillion-dollar infrastructure package that was recently signed into law is bearing fruit in the form of airports getting funds for infrastructure upgrades. A number of political figures in variou...
Here are ETF investment areas slated for growth in 2022
Jay Jacobs of Global X ETFs joins the 'Halftime Report' to discuss the year's ETF performances and where opportunities for growth in the ETF space will be in 2022.

Infrastructure Frenzy Causes PAVE to Rise 11% Over Past Month
The frenzy over the infrastructure bill that recently passed through the House of Representatives saw the Global X U.S. Infrastructure Development ETF (PAVE) rise 11% over the past month. Monday's tra...

Infrastructure stocks on watch after bill passes Congress. Four under-the-hood ways to play it
A long-awaited infrastructure bill passed the House over the weekend and is now headed to President Biden for his signature. Here are four ways to play it.

PAVE Infrastructure ETF Makes Moves After House Passes Bill
Infrastructure stocks and ETFs are benefitting from news that the House of Representatives passed a $1 trillion bill over the weekend, checking off a major milestone for President Biden and generating...
ETF Spotlight: Global Infrastructure ETF, PAVE
CNBC's Morgan Brennan delivers Monday's edition of ETF Spotlight where Brennan discusses the Global Infrastructure ETF, PAVE. Top holding Nucor and other steelmakers are all up early in Monday's tradi...

Popular infrastructure ETF jumps to record after House passes Biden's plan
The Global X US Infrastructure Investment ETF, which trades under the ticker PAVE, rose on Monday.

Stocks to watch in wake of Pelosi pause on infrastructure bill: Barron's on MW
Congress delayed a vote on the $1 trillion infrastructure bill late Thursday night amid intra-party negotiations among Democrats, putting the future of a cornerstone of President Joe Biden's economic ...
ETF Spotlight: Global X Infrastructure under pressure as investors await House vote on bill
The 'Squawk on the Street' highlights the Global X Infrastructure ETF. As the infrastructure bill in Congress nears finalization, the team discusses other sectors to watch out for.

Infrastructure ETFs Can Lean Cyclical, Defensive
A comparison of the three dominant infrastructure ETFs.

Global X's Maier On Infrastructure ETFs
With the infrastructure bill winding its way through congress, Global X's thematic lineup is increasingly relevant.

A New ETF Record Reached with Five Months Left
With $505 billion of net inflows into U.S. listed ETFs year-to-date through July 26, the U.S. industry has already eclipsed the 2020 calendar year record, pushing assets up to $6.6 trillion. With $200...

Biden's infrastructure bill is releasing ‘a lot of money': here's how to invest
Transportation might be the next big investment theme in the US as the Senate works to enact President Biden's proposed $579 billion infrastructure bill. The bill seeks to put more cash into telecommu...