Montecito Bank & Trust Lowers Stock Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

Montecito Bank & Trust decreased its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 2.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,468 shares of the company’s stock after selling 284 shares during the period. Montecito Bank & Trust’s holdings in iShares Global Infrastructure ETF were worth $547,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IGF. Northwest Investment Counselors LLC acquired a new position in iShares Global Infrastructure ETF during the third quarter worth $26,000. Quent Capital LLC increased its holdings in shares of iShares Global Infrastructure ETF by 60.7% in the 3rd quarter. Quent Capital LLC now owns 638 shares of the company’s stock valued at $35,000 after purchasing an additional 241 shares in the last quarter. West Oak Capital LLC lifted its stake in shares of iShares Global Infrastructure ETF by 2,500.0% in the fourth quarter. West Oak Capital LLC now owns 650 shares of the company’s stock valued at $34,000 after purchasing an additional 625 shares during the period. Exchange Traded Concepts LLC purchased a new stake in iShares Global Infrastructure ETF during the third quarter worth about $45,000. Finally, First PREMIER Bank purchased a new position in iShares Global Infrastructure ETF in the third quarter valued at about $76,000.

iShares Global Infrastructure ETF Trading Up 0.3 %

IGF stock opened at $54.51 on Friday. The company has a market cap of $5.20 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. The firm has a 50 day moving average of $53.64 and a 200-day moving average of $52.84. iShares Global Infrastructure ETF has a 12-month low of $43.84 and a 12-month high of $55.79.

iShares Global Infrastructure ETF Dividend Announcement

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