Richardson Financial Services Inc. Sells 763 Shares of iShares USD Green Bond ETF (NASDAQ:BGRN)

Richardson Financial Services Inc. cut its stake in iShares USD Green Bond ETF (NASDAQ:BGRN) by 49.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 785 shares of the company’s stock after selling 763 shares during the period. Richardson Financial Services Inc.’s holdings in iShares USD Green Bond ETF were worth $37,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in BGRN. Empower Advisory Group LLC grew its position in iShares USD Green Bond ETF by 0.8% in the 3rd quarter. Empower Advisory Group LLC now owns 954,740 shares of the company’s stock worth $46,152,000 after purchasing an additional 7,528 shares during the period. Francis Financial Inc. boosted its stake in shares of iShares USD Green Bond ETF by 4.9% in the 3rd quarter. Francis Financial Inc. now owns 342,416 shares of the company’s stock worth $16,552,000 after buying an additional 16,104 shares during the last quarter. Creative Planning grew its holdings in shares of iShares USD Green Bond ETF by 1.8% in the third quarter. Creative Planning now owns 115,079 shares of the company’s stock worth $5,563,000 after acquiring an additional 2,078 shares during the period. Cetera Investment Advisers increased its position in iShares USD Green Bond ETF by 2.1% during the second quarter. Cetera Investment Advisers now owns 93,948 shares of the company’s stock valued at $4,372,000 after acquiring an additional 1,923 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in iShares USD Green Bond ETF by 10.1% in the third quarter. Assetmark Inc. now owns 52,021 shares of the company’s stock valued at $2,515,000 after acquiring an additional 4,772 shares during the period.

iShares USD Green Bond ETF Stock Performance

iShares USD Green Bond ETF stock opened at $46.90 on Monday. iShares USD Green Bond ETF has a 52-week low of $45.73 and a 52-week high of $48.54. The business has a 50-day simple moving average of $46.88 and a two-hundred day simple moving average of $47.37.

iShares USD Green Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1676 per share. This represents a $2.01 annualized dividend and a yield of 4.29%. This is a positive change from iShares USD Green Bond ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th.

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.