TrueWealth Financial Partners Takes $795,000 Position in VanEck Green Bond ETF $GRNB

TrueWealth Financial Partners purchased a new stake in VanEck Green Bond ETF (NYSEARCA:GRNB) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 32,678 shares of the financial services provider’s stock, valued at approximately $795,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Founders Financial Alliance LLC acquired a new position in VanEck Green Bond ETF in the 3rd quarter valued at about $33,000. Flagship Harbor Advisors LLC acquired a new position in VanEck Green Bond ETF in the 4th quarter valued at about $101,000. MAI Capital Management grew its stake in VanEck Green Bond ETF by 9.1% in the 3rd quarter. MAI Capital Management now owns 5,040 shares of the financial services provider’s stock valued at $123,000 after buying an additional 421 shares during the last quarter. Advisory Services Network LLC acquired a new position in VanEck Green Bond ETF in the 3rd quarter valued at about $137,000. Finally, Thrivent Financial for Lutherans acquired a new position in VanEck Green Bond ETF in the 2nd quarter valued at about $208,000. Institutional investors and hedge funds own 1.77% of the company’s stock.

VanEck Green Bond ETF Stock Performance

Shares of GRNB opened at $24.03 on Thursday. VanEck Green Bond ETF has a 52 week low of $23.70 and a 52 week high of $24.67. The firm has a market cap of $176.62 million, a P/E ratio of -35.34 and a beta of 0.25. The firm’s 50-day simple moving average is $24.07 and its 200 day simple moving average is $24.28.

VanEck Green Bond ETF Profile

Green Bankshares, Inc (Green Bankshares) is a bank holding company. Prior to September 7, 2011, Green Bankshares conducted its business primarily through its wholly owned subsidiary, GreenBank (the Bank). On September 7, 2011, the Bank merged with and into Capital Bank, National Association (Capital Bank, NA), a subsidiary of Capital Bank Financial Corp. (CBF). CBF owns approximately 90% interest of the Company. As of December 31, 2011, the Company’s net investment of $315.3 million in Capital Bank, NA.