US Bancorp DE Buys 9,568 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

US Bancorp DE raised its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,706,178 shares of the company’s stock after acquiring an additional 9,568 shares during the quarter. US Bancorp DE owned approximately 1.76% of iShares Global Infrastructure ETF worth $89,182,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in shares of iShares Global Infrastructure ETF by 546.8% during the third quarter. Principal Financial Group Inc. now owns 2,183,166 shares of the company’s stock valued at $118,830,000 after purchasing an additional 1,845,625 shares during the last quarter. Waldron Private Wealth LLC grew its position in iShares Global Infrastructure ETF by 68.2% during the 4th quarter. Waldron Private Wealth LLC now owns 925,897 shares of the company’s stock valued at $48,397,000 after purchasing an additional 375,573 shares during the last quarter. Strategic Investment Management LLC bought a new stake in iShares Global Infrastructure ETF during the 4th quarter valued at about $6,856,000. Fifth Third Bancorp raised its holdings in iShares Global Infrastructure ETF by 10.2% in the fourth quarter. Fifth Third Bancorp now owns 1,354,116 shares of the company’s stock worth $70,780,000 after buying an additional 125,320 shares during the last quarter. Finally, Kingsview Wealth Management LLC purchased a new stake in iShares Global Infrastructure ETF during the 4th quarter valued at $3,421,000.

iShares Global Infrastructure ETF Stock Up 1.2 %

IGF opened at $53.46 on Friday. The firm has a 50 day moving average price of $53.39 and a 200-day moving average price of $53.56. The stock has a market capitalization of $5.22 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a twelve month low of $45.19 and a twelve month high of $55.79.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.849 dividend. The ex-dividend date was Tuesday, December 17th.

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.