Western Wealth Management LLC Raises Stock Holdings in iShares Global Infrastructure ETF $IGF

Western Wealth Management LLC raised its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 309.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,154 shares of the company’s stock after buying an additional 28,073 shares during the quarter. Western Wealth Management LLC’s holdings in iShares Global Infrastructure ETF were worth $2,489,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IGF. Northern Trust Corp raised its stake in shares of iShares Global Infrastructure ETF by 7.6% in the 4th quarter. Northern Trust Corp now owns 34,714,254 shares of the company’s stock valued at $2,130,067,000 after acquiring an additional 2,444,499 shares during the period. LPL Financial LLC boosted its position in shares of iShares Global Infrastructure ETF by 3.4% during the 4th quarter. LPL Financial LLC now owns 9,787,317 shares of the company’s stock worth $600,550,000 after purchasing an additional 320,532 shares during the period. Pathstone Holdings LLC raised its position in iShares Global Infrastructure ETF by 2.6% in the third quarter. Pathstone Holdings LLC now owns 3,598,087 shares of the company’s stock valued at $219,915,000 after purchasing an additional 92,377 shares during the period. US Bancorp DE raised its position in iShares Global Infrastructure ETF by 23.2% in the fourth quarter. US Bancorp DE now owns 2,424,734 shares of the company’s stock valued at $148,782,000 after purchasing an additional 456,436 shares during the period. Finally, Pictet Asset Management Holding SA lifted its stake in iShares Global Infrastructure ETF by 18.0% during the first quarter. Pictet Asset Management Holding SA now owns 2,139,470 shares of the company’s stock worth $142,318,000 after purchasing an additional 326,300 shares in the last quarter.

iShares Global Infrastructure ETF Stock Down 0.3%

NASDAQ:IGF opened at $66.81 on Friday. iShares Global Infrastructure ETF has a 52 week low of $58.59 and a 52 week high of $69.60. The stock’s fifty day moving average is $66.74 and its two-hundred day moving average is $66.63. The stock has a market capitalization of $10.94 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61.

iShares Global Infrastructure ETF Dividend Announcement

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

About iShares Global Infrastructure ETF

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.