Envestnet Asset Management Inc. Acquires 69,552 Shares of iShares USD Green Bond ETF (NASDAQ:BGRN)

Envestnet Asset Management Inc. increased its holdings in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) by 16.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 504,187 shares of the company’s stock after purchasing an additional 69,552 shares during the period. Envestnet Asset Management Inc. owned 6.51% of iShares USD Green Bond ETF worth $23,465,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Richardson Financial Services Inc. bought a new position in shares of iShares USD Green Bond ETF during the first quarter valued at approximately $36,000. Clarity Asset Management Inc. purchased a new stake in iShares USD Green Bond ETF during the fourth quarter valued at approximately $172,000. Equita Financial Network Inc. purchased a new stake in iShares USD Green Bond ETF during the second quarter valued at approximately $221,000. Elevated Capital Advisors LLC purchased a new stake in iShares USD Green Bond ETF during the first quarter valued at approximately $226,000. Finally, Beacon Pointe Advisors LLC purchased a new stake in iShares USD Green Bond ETF during the fourth quarter valued at approximately $246,000.

iShares USD Green Bond ETF Price Performance

NASDAQ:BGRN opened at $48.38 on Monday. iShares USD Green Bond ETF has a 52 week low of $44.18 and a 52 week high of $48.54. The firm has a 50 day moving average of $47.68 and a 200 day moving average of $46.91.

iShares USD Green Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1638 dividend. The ex-dividend date was Tuesday, September 3rd.

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.