iShares U.S. Power Infrastructure ETF (POWR) To Go Ex-Dividend on September 15th

iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) declared a quarterly dividend on Monday, September 14th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.0832 per share on Friday, September 18th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 5.5% increase from iShares U.S. Power Infrastructure ETF’s previous quarterly dividend of $0.08.

iShares U.S. Power Infrastructure ETF Price Performance

Shares of iShares U.S. Power Infrastructure ETF stock opened at $24.55 on Wednesday. The stock has a market capitalization of $422.26 million, a price-to-earnings ratio of 175.36 and a beta of 0.46. The business has a 50-day moving average of $26.24 and a 200 day moving average of $26.69. iShares U.S. Power Infrastructure ETF has a 12 month low of $23.18 and a 12 month high of $28.44.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares U.S. Power Infrastructure ETF stock. Lionsbridge Wealth Management LLC acquired a new position in shares of iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 57,096 shares of the company’s stock, valued at approximately $1,596,000. iShares U.S. Power Infrastructure ETF accounts for approximately 1.4% of Lionsbridge Wealth Management LLC’s portfolio, making the stock its 25th biggest position. Lionsbridge Wealth Management LLC owned 0.33% of iShares U.S. Power Infrastructure ETF as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 60.64% of the company’s stock.