iShares Global Infrastructure ETF (NASDAQ:IGF) Shares Sold by Montecito Bank & Trust

Montecito Bank & Trust reduced its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 9.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,427 shares of the company’s stock after selling 1,041 shares during the quarter. Montecito Bank & Trust’s holdings in iShares Global Infrastructure ETF were worth $515,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Northern Trust Corp boosted its stake in iShares Global Infrastructure ETF by 8.6% during the 4th quarter. Northern Trust Corp now owns 23,520,055 shares of the company’s stock worth $1,229,393,000 after purchasing an additional 1,871,592 shares during the period. Pathstone Holdings LLC boosted its stake in shares of iShares Global Infrastructure ETF by 132.0% during the fourth quarter. Pathstone Holdings LLC now owns 407,595 shares of the company’s stock worth $21,305,000 after buying an additional 231,872 shares during the period. CX Institutional raised its stake in iShares Global Infrastructure ETF by 255.7% during the 1st quarter. CX Institutional now owns 256,191 shares of the company’s stock valued at $14,006,000 after acquiring an additional 184,175 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares Global Infrastructure ETF by 81.6% during the 4th quarter. Ameriprise Financial Inc. now owns 299,310 shares of the company’s stock worth $15,646,000 after acquiring an additional 134,508 shares during the period. Finally, Nepc LLC grew its stake in shares of iShares Global Infrastructure ETF by 18.0% in the 4th quarter. Nepc LLC now owns 691,199 shares of the company’s stock valued at $36,129,000 after purchasing an additional 105,313 shares during the last quarter.

iShares Global Infrastructure ETF Trading Down 1.8%

NASDAQ:IGF opened at $58.37 on Tuesday. iShares Global Infrastructure ETF has a 12-month low of $47.49 and a 12-month high of $59.83. The stock’s 50 day simple moving average is $57.26 and its 200-day simple moving average is $54.79. The firm has a market cap of $6.62 billion, a P/E ratio of 19.95 and a beta of 0.80.

iShares Global Infrastructure ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 16th will be given a dividend of $0.9834 per share. The ex-dividend date is Monday, June 16th. This is an increase from iShares Global Infrastructure ETF’s previous dividend of $0.85.

iShares Global Infrastructure ETF Company 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.