C M Bidwell & Associates Ltd. Acquires New Position in iShares USD Green Bond ETF $BGRN

C M Bidwell & Associates Ltd. purchased a new stake in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 74,120 shares of the company’s stock, valued at approximately $7,864,000. iShares USD Green Bond ETF comprises approximately 3.2% of C M Bidwell & Associates Ltd.’s holdings, making the stock its 7th biggest position.

Other hedge funds have also recently bought and sold shares of the company. Betterment LLC raised its stake in shares of iShares USD Green Bond ETF by 6.9% in the 4th quarter. Betterment LLC now owns 1,345,583 shares of the company’s stock valued at $64,507,000 after acquiring an additional 86,489 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in iShares USD Green Bond ETF by 6.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,008,312 shares of the company’s stock worth $48,334,000 after purchasing an additional 61,396 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares USD Green Bond ETF by 21.4% during the 1st quarter. Bank of America Corp DE now owns 418,909 shares of the company’s stock worth $19,886,000 after purchasing an additional 73,909 shares during the period. Royal Bank of Canada increased its holdings in shares of iShares USD Green Bond ETF by 2.5% during the 1st quarter. Royal Bank of Canada now owns 256,841 shares of the company’s stock worth $12,193,000 after purchasing an additional 6,348 shares during the period. Finally, Impact Investors Inc raised its position in shares of iShares USD Green Bond ETF by 11.1% during the first quarter. Impact Investors Inc now owns 169,667 shares of the company’s stock valued at $8,054,000 after buying an additional 16,888 shares during the last quarter.

iShares USD Green Bond ETF Trading Down 0.0%

NASDAQ BGRN opened at $46.88 on Friday. The firm has a 50-day simple moving average of $47.12 and a 200 day simple moving average of $47.44. iShares USD Green Bond ETF has a twelve month low of $46.73 and a twelve month high of $48.52.

iShares USD Green Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a $0.1734 dividend. The ex-dividend date was Monday, August 3rd. This is an increase from iShares USD Green Bond ETF’s previous dividend of $0.17.

About iShares USD Green Bond ETF

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.