Belpointe Asset Management LLC Decreases Holdings in iShares Global Infrastructure ETF $IGF

Belpointe Asset Management LLC reduced its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 67.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 6,655 shares of the company’s stock after selling 13,954 shares during the period. Belpointe Asset Management LLC’s holdings in iShares Global Infrastructure ETF were worth $407,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Quent Capital LLC purchased a new position in iShares Global Infrastructure ETF in the third quarter valued at about $27,000. Chilton Capital Management LLC bought a new stake in shares of iShares Global Infrastructure ETF in the 2nd quarter worth approximately $28,000. Accordant Advisory Group Inc purchased a new position in iShares Global Infrastructure ETF in the third quarter valued at approximately $32,000. Mather Group LLC. bought a new position in iShares Global Infrastructure ETF during the third quarter valued at $42,000. Finally, Morgan Dempsey Capital Management LLC increased its position in iShares Global Infrastructure ETF by 150.8% in the second quarter. Morgan Dempsey Capital Management LLC now owns 1,101 shares of the company’s stock worth $65,000 after buying an additional 662 shares during the last quarter.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ IGF opened at $64.41 on Friday. iShares Global Infrastructure ETF has a one year low of $49.74 and a one year high of $65.17. The business’s fifty day moving average price is $62.14 and its 200-day moving average price is $61.27. The stock has a market capitalization of $9.44 billion, a PE ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.9956 per share. The ex-dividend date of this dividend was Tuesday, December 16th.

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.