Modern Wealth Management LLC Makes New Investment in iShares USD Green Bond ETF (NASDAQ:BGRN)

Modern Wealth Management LLC bought a new position in iShares USD Green Bond ETF (NASDAQ:BGRN) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 19,314 shares of the company’s stock, valued at approximately $904,000. Modern Wealth Management LLC owned about 0.23% of iShares USD Green Bond ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Empower Advisory Group LLC grew its holdings in shares of iShares USD Green Bond ETF by 4.9% in the fourth quarter. Empower Advisory Group LLC now owns 1,001,894 shares of the company’s stock valued at $46,708,000 after purchasing an additional 47,154 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares USD Green Bond ETF in the 4th quarter valued at approximately $1,421,000. Archer Investment Management LLC purchased a new stake in shares of iShares USD Green Bond ETF in the 4th quarter valued at approximately $558,000. Pathstone Holdings LLC increased its holdings in shares of iShares USD Green Bond ETF by 33.2% during the 3rd quarter. Pathstone Holdings LLC now owns 36,187 shares of the company’s stock worth $1,749,000 after buying an additional 9,014 shares during the last quarter. Finally, Assetmark Inc. raised its position in shares of iShares USD Green Bond ETF by 13.7% during the 4th quarter. Assetmark Inc. now owns 59,139 shares of the company’s stock valued at $2,757,000 after buying an additional 7,118 shares during the period.

iShares USD Green Bond ETF Trading Down 0.3 %

Shares of iShares USD Green Bond ETF stock opened at $47.05 on Thursday. The stock has a 50 day moving average of $46.99 and a 200 day moving average of $47.24. iShares USD Green Bond ETF has a fifty-two week low of $45.73 and a fifty-two week high of $48.54.

iShares USD Green Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1663 per share. The ex-dividend date was Monday, March 3rd.

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.