Allworth Financial LP Boosts Stock Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

Allworth Financial LP grew its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 57.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 686 shares of the company’s stock after purchasing an additional 250 shares during the period. Allworth Financial LP’s holdings in iShares Global Infrastructure ETF were worth $39,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in iShares Global Infrastructure ETF during the fourth quarter worth about $5,139,000. Corient Private Wealth LLC increased its position in iShares Global Infrastructure ETF by 2.4% during the 4th quarter. Corient Private Wealth LLC now owns 14,260 shares of the company’s stock worth $745,000 after purchasing an additional 330 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in iShares Global Infrastructure ETF by 22.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 439,520 shares of the company’s stock valued at $22,974,000 after buying an additional 80,000 shares during the period. Lee Danner & Bass Inc. acquired a new position in iShares Global Infrastructure ETF during the fourth quarter valued at approximately $44,000. Finally, LPL Financial LLC raised its stake in shares of iShares Global Infrastructure ETF by 16.0% in the 4th quarter. LPL Financial LLC now owns 151,811 shares of the company’s stock valued at $7,935,000 after acquiring an additional 20,949 shares during the period.

iShares Global Infrastructure ETF Stock Up 0.7%

Shares of NASDAQ:IGF opened at $59.12 on Friday. The company has a market capitalization of $7.54 billion, a price-to-earnings ratio of 20.10 and a beta of 0.80. The company has a 50 day moving average of $58.65 and a two-hundred day moving average of $55.65. iShares Global Infrastructure ETF has a 52-week low of $48.55 and a 52-week high of $59.83.

iShares Global Infrastructure ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid a dividend of $0.9834 per share. The ex-dividend date was Monday, June 16th. This is an increase from iShares Global Infrastructure ETF’s previous dividend of $0.85.

iShares Global Infrastructure ETF Profile

The iShares Global Infrastructure ETF (IGF) is an exchange-traded fund that is based on the S&P Global Infrastructure index, a market-cap-weighted index of global infrastructure companies. IGF was launched on Dec 10, 2007 and is managed by BlackRock.