Global X Funds - Global X U.S. Infrastructure Development ETF
MX ˙ BMV ˙ US37954Y6730
SecurityMX:PAVE / Global X Funds - Global X U.S. Infrastructure Development ETF
InstitutionBurke & Herbert Bank & Trust Co
Latest Disclosed Ownership22,575 shares
Latest Disclosed Value $ 1,147,036
Burke & Herbert Bank & Trust Co ownership in PAVE / Global X Funds - Global X U.S. Infrastructure Development ETF

On May 8, 2026 - Burke & Herbert Bank & Trust Co filed a 13F-HR form disclosing ownership of 22,575 shares of Global X Funds - Global X U.S. Infrastructure Development ETF (MX:PAVE) valued at $1,147,036 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 22,575 shares of Global X Funds - Global X U.S. Infrastructure Development ETF. This represents a change in shares of 0.00% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-08 2026-03-31 13F GLOBAL X U.S. INFRASTRUCTURE E OTHER 37954Y673 22,575 0 0.00 1,147 6.40 0.3170
2026-02-12 2025-12-31 13F GLOBAL X U.S. INFRASTRUCTURE E OTHER 37954Y673 22,575 -37,020 -62.12 1,079 -62.02 0.2980
2025-11-07 2025-09-30 13F GLOBAL X FDS US INFR DEV ETF OTHER 37954Y673 59,595 -440 -0.73 2,839 8.49 0.6100
2025-07-31 2025-06-30 13F GLOBAL X FDS US INFR DEV ETF OTHER 37954Y673 60,035 1,660 2.84 2,616 18.80 0.5862
2025-04-29 2025-03-31 13F GLOBAL X FDS US INFR DEV ETF OTHER 37954Y673 58,375 -60 -0.10 2,202 -6.73 0.5300
2025-01-31 2024-12-31 13F GLOBAL X FDS US INFR DEV ETF OTHER 37954Y673 58,435 -370 -0.63 2,361 -2.44 0.5600
2024-10-23 2024-09-30 13F GLOBAL X FDS US INFR DEV ETF OTHER 37954Y673 58,805 -615 -1.04 2,420 10.05 0.5629
2024-07-16 2024-06-30 13F GLOBAL X FDS US INFR DEV ETF OTHER 37954Y673 59,420 59,420 2,200 0.5347
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.