iShares USD Green Bond ETF (NASDAQ:BGRN) Stake Boosted by Francis Financial Inc.

Francis Financial Inc. increased its stake in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) by 4.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 342,416 shares of the company’s stock after buying an additional 16,104 shares during the period. iShares USD Green Bond ETF comprises about 4.4% of Francis Financial Inc.’s holdings, making the stock its 8th biggest position. Francis Financial Inc. owned about 4.20% of iShares USD Green Bond ETF worth $16,552,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Allworth Financial LP lifted its position in shares of iShares USD Green Bond ETF by 93.2% during the 3rd quarter. Allworth Financial LP now owns 655 shares of the company’s stock valued at $32,000 after buying an additional 316 shares during the last quarter. Richardson Financial Services Inc. lifted its holdings in iShares USD Green Bond ETF by 102.9% during the third quarter. Richardson Financial Services Inc. now owns 1,548 shares of the company’s stock valued at $73,000 after purchasing an additional 785 shares during the last quarter. Sanctuary Advisors LLC bought a new position in iShares USD Green Bond ETF during the second quarter worth about $207,000. Equita Financial Network Inc. purchased a new position in shares of iShares USD Green Bond ETF in the second quarter worth about $221,000. Finally, First National Corp MA ADV bought a new stake in shares of iShares USD Green Bond ETF in the third quarter valued at approximately $249,000.

iShares USD Green Bond ETF Stock Performance

Shares of BGRN stock opened at $47.35 on Friday. The firm’s 50 day moving average is $47.84 and its 200 day moving average is $47.19. iShares USD Green Bond ETF has a 12 month low of $44.65 and a 12 month high of $48.54.

iShares USD Green Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.1633 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date of this dividend was Friday, November 1st.

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.