iShares USD Green Bond ETF $BGRN Shares Sold by Francis Financial Inc.

Francis Financial Inc. lowered its holdings in iShares USD Green Bond ETF (NASDAQ:BGRN) by 4.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 254,269 shares of the company’s stock after selling 11,095 shares during the period. iShares USD Green Bond ETF comprises 2.4% of Francis Financial Inc.’s holdings, making the stock its 13th biggest holding. Francis Financial Inc.’s holdings in iShares USD Green Bond ETF were worth $12,189,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BGRN. NewEdge Advisors LLC grew its stake in shares of iShares USD Green Bond ETF by 26.8% in the 1st quarter. NewEdge Advisors LLC now owns 10,610 shares of the company’s stock worth $502,000 after purchasing an additional 2,242 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of iShares USD Green Bond ETF in the 1st quarter worth approximately $1,394,000. CW Advisors LLC grew its stake in shares of iShares USD Green Bond ETF by 21.8% in the 2nd quarter. CW Advisors LLC now owns 5,423 shares of the company’s stock worth $259,000 after purchasing an additional 972 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of iShares USD Green Bond ETF by 107.1% in the 2nd quarter. Raymond James Financial Inc. now owns 68,389 shares of the company’s stock worth $3,260,000 after purchasing an additional 35,370 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of iShares USD Green Bond ETF by 16.1% in the 2nd quarter. Bank of America Corp DE now owns 299,337 shares of the company’s stock worth $14,269,000 after purchasing an additional 41,531 shares during the last quarter.

iShares USD Green Bond ETF Stock Down 0.4%

Shares of BGRN opened at $47.18 on Friday. The firm’s 50 day moving average is $47.44 and its 200-day moving average is $47.78. iShares USD Green Bond ETF has a 12-month low of $46.90 and a 12-month high of $48.52.

iShares USD Green Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.1725 dividend. The ex-dividend date was Monday, June 1st. This is a positive change from iShares USD Green Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 4.4%.

iShares USD Green Bond ETF Company Profile

The iShares USD Green Bond ETF (BGRN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated investment-grade government and corporate bonds linked to environmentally beneficial projects, as identified by MSCI. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.