Impact Investors Inc Purchases 16,888 Shares of iShares USD Green Bond ETF $BGRN

Impact Investors Inc boosted its position in iShares USD Green Bond ETF (NASDAQ:BGRN) by 11.1% during the 1st quarter, Holdings Channel reports. The fund owned 169,667 shares of the company’s stock after buying an additional 16,888 shares during the period. iShares USD Green Bond ETF makes up 5.6% of Impact Investors Inc’s portfolio, making the stock its 5th largest holding. Impact Investors Inc’s holdings in iShares USD Green Bond ETF were worth $8,054,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP increased its holdings in shares of iShares USD Green Bond ETF by 429.4% during the fourth quarter. Allworth Financial LP now owns 630 shares of the company’s stock valued at $30,000 after acquiring an additional 511 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in shares of iShares USD Green Bond ETF in the 4th quarter worth $31,000. WFA of San Diego LLC acquired a new stake in iShares USD Green Bond ETF in the 2nd quarter valued at $64,000. Advisory Services Network LLC acquired a new stake in iShares USD Green Bond ETF in the 3rd quarter valued at $85,000. Finally, Continuum Advisory LLC bought a new stake in iShares USD Green Bond ETF during the 1st quarter valued at $213,000.

iShares USD Green Bond ETF Stock Performance

BGRN opened at $47.11 on Thursday. iShares USD Green Bond ETF has a 1-year low of $46.96 and a 1-year high of $48.52. The company’s fifty day moving average price is $47.37 and its two-hundred day moving average price is $47.67.

iShares USD Green Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.1679 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

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. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.