Principal Securities Inc. Buys 469 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

Principal Securities Inc. raised its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 0.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 144,334 shares of the company’s stock after acquiring an additional 469 shares during the quarter. Principal Securities Inc. owned approximately 0.13% of iShares Global Infrastructure ETF worth $7,544,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IGF. SBI Securities Co. Ltd. bought a new position in iShares Global Infrastructure ETF in the 4th quarter valued at approximately $54,000. Steward Partners Investment Advisory LLC raised its holdings in iShares Global Infrastructure ETF by 59.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,292 shares of the company’s stock valued at $538,000 after buying an additional 3,856 shares during the last quarter. Atria Investments Inc raised its holdings in iShares Global Infrastructure ETF by 12.3% in the 4th quarter. Atria Investments Inc now owns 5,490 shares of the company’s stock valued at $287,000 after buying an additional 603 shares during the last quarter. M&T Bank Corp raised its holdings in iShares Global Infrastructure ETF by 84.3% in the 4th quarter. M&T Bank Corp now owns 13,927 shares of the company’s stock valued at $728,000 after buying an additional 6,370 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares Global Infrastructure ETF in the 4th quarter valued at approximately $5,139,000.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ IGF opened at $58.34 on Wednesday. The company has a 50 day simple moving average of $58.39 and a 200 day simple moving average of $55.32. The firm has a market cap of $7.43 billion, a PE ratio of 20.10 and a beta of 0.80. iShares Global Infrastructure ETF has a 1 year low of $48.55 and a 1 year high of $59.83.

iShares Global Infrastructure ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were given a dividend of $0.9834 per share. The ex-dividend date of this dividend was Monday, June 16th. This is an increase from iShares Global Infrastructure ETF’s previous dividend of $0.85.

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.