Montecito Bank & Trust Takes $565,000 Position in iShares Global Infrastructure ETF $IGF

Montecito Bank & Trust acquired a new stake in iShares Global Infrastructure ETF (NASDAQ:IGF) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,248 shares of the company’s stock, valued at approximately $565,000.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. increased its stake in iShares Global Infrastructure ETF by 59.6% during the 1st quarter. Raymond James Financial Inc. now owns 156,866 shares of the company’s stock valued at $8,576,000 after purchasing an additional 58,550 shares in the last quarter. Capital Analysts LLC lifted its stake in shares of iShares Global Infrastructure ETF by 4.8% during the first quarter. Capital Analysts LLC now owns 11,206 shares of the company’s stock worth $613,000 after buying an additional 511 shares during the period. Compound Planning Inc. grew its holdings in shares of iShares Global Infrastructure ETF by 18.9% during the first quarter. Compound Planning Inc. now owns 7,580 shares of the company’s stock valued at $414,000 after buying an additional 1,205 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Global Infrastructure ETF by 12.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 44,181 shares of the company’s stock valued at $2,415,000 after acquiring an additional 4,719 shares during the period. Finally, Smartleaf Asset Management LLC increased its position in shares of iShares Global Infrastructure ETF by 508.5% in the 1st quarter. Smartleaf Asset Management LLC now owns 858 shares of the company’s stock valued at $47,000 after acquiring an additional 717 shares during the period.

iShares Global Infrastructure ETF Price Performance

Shares of IGF stock opened at $60.87 on Friday. The business has a fifty day moving average of $61.79 and a 200 day moving average of $60.51. iShares Global Infrastructure ETF has a 1 year low of $49.74 and a 1 year high of $63.12. The firm has a market capitalization of $8.47 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th will be paid a $0.9956 dividend. The ex-dividend date is Tuesday, December 16th.

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.