Flow Traders U.S. LLC Purchases New Holdings in iShares International Developed Real Estate ETF $IFGL

Flow Traders U.S. LLC purchased a new stake in shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 141,026 shares of the company’s stock, valued at approximately $2,782,000.

Separately, SBI Securities Co. Ltd. grew its holdings in iShares International Developed Real Estate ETF by 8.3% during the 1st quarter. SBI Securities Co. Ltd. now owns 13,897 shares of the company’s stock valued at $274,000 after purchasing an additional 1,064 shares during the last quarter.

iShares International Developed Real Estate ETF Trading Down 0.7%

Shares of NASDAQ:IFGL opened at $23.0490 on Friday. The company has a market capitalization of $94.50 million, a price-to-earnings ratio of 20.34 and a beta of 0.83. iShares International Developed Real Estate ETF has a 12 month low of $18.27 and a 12 month high of $23.25. The firm’s 50-day moving average is $22.56 and its 200 day moving average is $21.23.

iShares International Developed Real Estate ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were paid a $0.2648 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Monday, June 16th.

About iShares International Developed Real Estate ETF

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.