iShares Global Infrastructure ETF $IGF Shares Sold by Assetmark Inc.

Assetmark Inc. decreased its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 14.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 45,764 shares of the company’s stock after selling 7,582 shares during the quarter. Assetmark Inc.’s holdings in iShares Global Infrastructure ETF were worth $3,066,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barings LLC lifted its stake in iShares Global Infrastructure ETF by 38.3% during the first quarter. Barings LLC now owns 75,803 shares of the company’s stock worth $5,079,000 after purchasing an additional 20,995 shares in the last quarter. D.A. Davidson & CO. acquired a new position in shares of iShares Global Infrastructure ETF during the first quarter worth about $207,000. Bank of New York Mellon Corp grew its holdings in iShares Global Infrastructure ETF by 132.1% during the 1st quarter. Bank of New York Mellon Corp now owns 683,235 shares of the company’s stock worth $45,777,000 after acquiring an additional 388,909 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in iShares Global Infrastructure ETF by 1.0% in the first quarter. Sanctuary Advisors LLC now owns 143,297 shares of the company’s stock valued at $9,601,000 after buying an additional 1,427 shares during the last quarter. Finally, BlueChip Wealth Advisors LLC increased its holdings in shares of iShares Global Infrastructure ETF by 3.6% in the 1st quarter. BlueChip Wealth Advisors LLC now owns 4,256 shares of the company’s stock valued at $285,000 after acquiring an additional 149 shares during the last quarter.

iShares Global Infrastructure ETF Trading Up 1.2%

IGF stock opened at $67.49 on Thursday. The company’s 50 day moving average is $66.74 and its two-hundred day moving average is $66.41. iShares Global Infrastructure ETF has a twelve month low of $58.59 and a twelve month high of $69.60. The stock has a market cap of $10.98 billion, a P/E ratio of 20.10 and a beta of 0.61.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.9337 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.