Royal Bank of Canada Buys 197,730 Shares of iShares Global Infrastructure ETF $IGF

Royal Bank of Canada boosted its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 119.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 363,730 shares of the company’s stock after purchasing an additional 197,730 shares during the period. Royal Bank of Canada’s holdings in iShares Global Infrastructure ETF were worth $24,369,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. BlueChip Wealth Advisors LLC raised its stake in shares of iShares Global Infrastructure ETF by 3.6% during the 1st quarter. BlueChip Wealth Advisors LLC now owns 4,256 shares of the company’s stock worth $285,000 after purchasing an additional 149 shares in the last quarter. Waverly Advisors LLC grew its stake in shares of iShares Global Infrastructure ETF by 1.4% in the first quarter. Waverly Advisors LLC now owns 12,479 shares of the company’s stock valued at $836,000 after buying an additional 169 shares in the last quarter. National Bank of Canada FI grew its stake in shares of iShares Global Infrastructure ETF by 12.3% in the third quarter. National Bank of Canada FI now owns 1,629 shares of the company’s stock valued at $100,000 after buying an additional 179 shares in the last quarter. Quadrant Private Wealth Management LLC increased its holdings in iShares Global Infrastructure ETF by 3.5% during the first quarter. Quadrant Private Wealth Management LLC now owns 5,603 shares of the company’s stock worth $375,000 after buying an additional 191 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in iShares Global Infrastructure ETF by 17.9% during the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after buying an additional 191 shares during the last quarter.

iShares Global Infrastructure ETF Trading Up 0.2%

NASDAQ IGF opened at $66.57 on Wednesday. The firm has a market capitalization of $10.91 billion, a P/E ratio of 20.10 and a beta of 0.61. The firm’s fifty day moving average price is $66.70 and its two-hundred day moving average price is $66.74. iShares Global Infrastructure ETF has a 1 year low of $59.40 and a 1 year high of $69.60.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.9337 per share. 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.