Dynasty Wealth Management LLC Grows Stake in iShares Global Infrastructure ETF (NASDAQ:IGF)

Dynasty Wealth Management LLC grew its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 2.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 43,744 shares of the company’s stock after purchasing an additional 1,137 shares during the quarter. Dynasty Wealth Management LLC’s holdings in iShares Global Infrastructure ETF were worth $2,287,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IGF. Centricity Wealth Management LLC bought a new position in shares of iShares Global Infrastructure ETF during the 4th quarter valued at approximately $33,000. West Oak Capital LLC increased its holdings in shares of iShares Global Infrastructure ETF by 2,500.0% in the 4th quarter. West Oak Capital LLC now owns 650 shares of the company’s stock worth $34,000 after buying an additional 625 shares during the last quarter. Exchange Traded Concepts LLC raised its position in shares of iShares Global Infrastructure ETF by 30.5% during the 4th quarter. Exchange Traded Concepts LLC now owns 1,083 shares of the company’s stock valued at $57,000 after buying an additional 253 shares in the last quarter. Bank of Jackson Hole Trust purchased a new position in iShares Global Infrastructure ETF in the fourth quarter worth about $149,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in iShares Global Infrastructure ETF during the third quarter worth approximately $220,000.

iShares Global Infrastructure ETF Stock Performance

Shares of iShares Global Infrastructure ETF stock opened at $52.85 on Friday. iShares Global Infrastructure ETF has a one year low of $45.19 and a one year high of $55.79. The stock has a 50 day moving average price of $53.36 and a 200-day moving average price of $53.52. The stock has a market cap of $5.16 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.849 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.