Penobscot Wealth Management Acquires 18,466 Shares of iShares Global Infrastructure ETF $IGF

Penobscot Wealth Management raised its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 77.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,256 shares of the company’s stock after buying an additional 18,466 shares during the quarter. iShares Global Infrastructure ETF comprises about 0.8% of Penobscot Wealth Management’s holdings, making the stock its 23rd largest position. Penobscot Wealth Management’s holdings in iShares Global Infrastructure ETF were worth $2,831,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Aptus Capital Advisors LLC purchased a new position in shares of iShares Global Infrastructure ETF during the third quarter worth about $25,000. Trust Co. of Vermont purchased a new stake in iShares Global Infrastructure ETF in the fourth quarter valued at approximately $25,000. Rice Partnership LLC bought a new stake in iShares Global Infrastructure ETF during the fourth quarter valued at approximately $25,000. Ameriflex Group Inc. bought a new stake in iShares Global Infrastructure ETF during the fourth quarter valued at approximately $39,000. Finally, Dunhill Financial LLC grew its stake in iShares Global Infrastructure ETF by 1,381.2% in the 4th quarter. Dunhill Financial LLC now owns 711 shares of the company’s stock worth $44,000 after buying an additional 663 shares in the last quarter.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ:IGF opened at $67.32 on Friday. The company’s fifty day moving average price is $66.92 and its 200-day moving average price is $65.69. The firm has a market capitalization of $10.48 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61. iShares Global Infrastructure ETF has a one year low of $57.96 and a one year high of $69.60.

iShares Global Infrastructure ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.9337 dividend. The ex-dividend date was Monday, June 15th.

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.