Livet Wealth LLC Makes New $807,000 Investment in iShares USD Green Bond ETF $BGRN

Livet Wealth LLC purchased a new position in iShares USD Green Bond ETF (NASDAQ:BGRN) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 16,834 shares of the company’s stock, valued at approximately $807,000.

Several other institutional investors have also recently made changes to their positions in the business. Commonwealth Equity Services LLC grew its position in shares of iShares USD Green Bond ETF by 2.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 37,388 shares of the company’s stock worth $1,792,000 after purchasing an additional 1,045 shares in the last quarter. Zevin Asset Management LLC purchased a new stake in shares of iShares USD Green Bond ETF during the fourth quarter worth about $1,781,000. CIBC Private Wealth Group LLC grew its position in shares of iShares USD Green Bond ETF by 51.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 6,152 shares of the company’s stock worth $295,000 after purchasing an additional 2,082 shares in the last quarter. Betterment LLC grew its position in shares of iShares USD Green Bond ETF by 6.9% during the fourth quarter. Betterment LLC now owns 1,345,583 shares of the company’s stock worth $64,507,000 after purchasing an additional 86,489 shares in the last quarter. Finally, Principal Securities Inc. grew its position in shares of iShares USD Green Bond ETF by 25.8% during the fourth quarter. Principal Securities Inc. now owns 13,684 shares of the company’s stock worth $656,000 after purchasing an additional 2,809 shares in the last quarter.

iShares USD Green Bond ETF Trading Down 0.0%

NASDAQ:BGRN opened at $47.41 on Friday. iShares USD Green Bond ETF has a 12-month low of $46.96 and a 12-month high of $48.52. The stock has a 50-day moving average price of $47.44 and a 200 day moving average price of $47.76.

iShares USD Green Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.1725 per share. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Monday, June 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. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.