Banco Santander S.A. Increases Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

Banco Santander S.A. raised its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 5.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,114 shares of the company’s stock after buying an additional 6,718 shares during the quarter. Banco Santander S.A.’s holdings in iShares Global Infrastructure ETF were worth $6,283,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Worth Financial Advisory Group LLC acquired a new position in iShares Global Infrastructure ETF in the 2nd quarter valued at about $235,000. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares Global Infrastructure ETF by 26.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 24,809 shares of the company’s stock valued at $1,189,000 after buying an additional 5,241 shares during the period. Atomi Financial Group Inc. acquired a new position in iShares Global Infrastructure ETF in the second quarter valued at approximately $293,000. Signature Estate & Investment Advisors LLC purchased a new position in iShares Global Infrastructure ETF in the second quarter worth approximately $582,000. Finally, Bank of New York Mellon Corp raised its position in iShares Global Infrastructure ETF by 211.9% in the second quarter. Bank of New York Mellon Corp now owns 432,560 shares of the company’s stock valued at $20,728,000 after purchasing an additional 293,894 shares during the period.

iShares Global Infrastructure ETF Stock Performance

Shares of NASDAQ IGF traded up $0.32 during mid-day trading on Thursday, reaching $52.16. 2,278,069 shares of the company’s stock were exchanged, compared to its average volume of 348,571. The company’s 50-day moving average is $49.76 and its 200-day moving average is $48.34. The firm has a market capitalization of $3.84 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a 52-week low of $40.38 and a 52-week high of $52.32.

iShares Global Infrastructure ETF Announces Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.8301 per share. The ex-dividend date was Tuesday, June 11th.

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.