Pathstone Holdings LLC Increases Stock Position in iShares USD Green Bond ETF (NASDAQ:BGRN)

Pathstone Holdings LLC raised its holdings in iShares USD Green Bond ETF (NASDAQ:BGRN) by 33.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,187 shares of the company’s stock after purchasing an additional 9,014 shares during the period. Pathstone Holdings LLC owned 0.44% of iShares USD Green Bond ETF worth $1,749,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Allworth Financial LP lifted its holdings in shares of iShares USD Green Bond ETF by 93.2% in the third quarter. Allworth Financial LP now owns 655 shares of the company’s stock valued at $32,000 after purchasing an additional 316 shares in the last quarter. Johnson Financial Group LLC lifted its stake in shares of iShares USD Green Bond ETF by 2.6% during the third quarter. Johnson Financial Group LLC now owns 14,041 shares of the company’s stock valued at $679,000 after buying an additional 355 shares during the period. Vontobel Holding Ltd. lifted its stake in shares of iShares USD Green Bond ETF by 3.4% during the third quarter. Vontobel Holding Ltd. now owns 13,122 shares of the company’s stock valued at $634,000 after buying an additional 435 shares during the period. Omega Financial Group LLC lifted its stake in shares of iShares USD Green Bond ETF by 2.8% during the second quarter. Omega Financial Group LLC now owns 16,349 shares of the company’s stock valued at $761,000 after buying an additional 441 shares during the period. Finally, JFG Wealth Management LLC lifted its stake in shares of iShares USD Green Bond ETF by 9.1% during the second quarter. JFG Wealth Management LLC now owns 6,080 shares of the company’s stock valued at $283,000 after buying an additional 509 shares during the period.

iShares USD Green Bond ETF Price Performance

Shares of BGRN opened at $47.48 on Thursday. The company’s 50 day simple moving average is $47.57 and its 200 day simple moving average is $47.30. iShares USD Green Bond ETF has a 1 year low of $45.67 and a 1 year high of $48.54.

iShares USD Green Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.1633 per share. This represents a $1.96 annualized dividend and a dividend yield of 4.13%. The ex-dividend date of this dividend was Friday, November 1st.

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.