Hoge Financial Services LLC Sells 12,735 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

Hoge Financial Services LLC decreased its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 18.5% during the 1st quarter, HoldingsChannel reports. The fund owned 56,202 shares of the company’s stock after selling 12,735 shares during the quarter. iShares Global Infrastructure ETF comprises approximately 2.1% of Hoge Financial Services LLC’s portfolio, making the stock its 9th biggest holding. Hoge Financial Services LLC’s holdings in iShares Global Infrastructure ETF were worth $3,073,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IGF. Northern Trust Corp boosted its position in shares of iShares Global Infrastructure ETF by 8.6% during the 4th quarter. Northern Trust Corp now owns 23,520,055 shares of the company’s stock valued at $1,229,393,000 after acquiring an additional 1,871,592 shares during the last quarter. Pathstone Holdings LLC lifted its position in iShares Global Infrastructure ETF by 132.0% in the fourth quarter. Pathstone Holdings LLC now owns 407,595 shares of the company’s stock valued at $21,305,000 after buying an additional 231,872 shares during the last quarter. CX Institutional lifted its position in iShares Global Infrastructure ETF by 255.7% in the first quarter. CX Institutional now owns 256,191 shares of the company’s stock valued at $14,006,000 after buying an additional 184,175 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares Global Infrastructure ETF by 81.6% in the fourth quarter. Ameriprise Financial Inc. now owns 299,310 shares of the company’s stock valued at $15,646,000 after buying an additional 134,508 shares during the last quarter. Finally, Nepc LLC lifted its position in iShares Global Infrastructure ETF by 18.0% in the fourth quarter. Nepc LLC now owns 691,199 shares of the company’s stock valued at $36,129,000 after buying an additional 105,313 shares during the last quarter.

iShares Global Infrastructure ETF Price Performance

NASDAQ IGF opened at $57.87 on Wednesday. The firm’s 50-day moving average is $57.36 and its two-hundred day moving average is $54.81. iShares Global Infrastructure ETF has a 12 month low of $47.65 and a 12 month high of $59.83. The stock has a market capitalization of $6.57 billion, a P/E ratio of 19.95 and a beta of 0.80.

iShares Global Infrastructure ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 16th will be given a $0.9834 dividend. The ex-dividend date is Monday, June 16th. This is a boost from iShares Global Infrastructure ETF’s previous dividend of $0.85.

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.