Dynamic Advisor Solutions LLC Grows Holdings in iShares USD Green Bond ETF (NASDAQ:BGRN)

Dynamic Advisor Solutions LLC grew its stake in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,301 shares of the company’s stock after purchasing an additional 276 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares USD Green Bond ETF were worth $760,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Allworth Financial LP boosted its position in iShares USD Green Bond ETF by 93.2% in the 3rd quarter. Allworth Financial LP now owns 655 shares of the company’s stock valued at $32,000 after buying an additional 316 shares during the period. Richardson Financial Services Inc. boosted its holdings in shares of iShares USD Green Bond ETF by 102.9% in the third quarter. Richardson Financial Services Inc. now owns 1,548 shares of the company’s stock valued at $73,000 after purchasing an additional 785 shares during the period. Trust Co. of Vermont bought a new position in iShares USD Green Bond ETF in the fourth quarter worth approximately $78,000. Sachetta LLC increased its holdings in iShares USD Green Bond ETF by 19.4% during the 4th quarter. Sachetta LLC now owns 2,370 shares of the company’s stock worth $110,000 after purchasing an additional 385 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of iShares USD Green Bond ETF in the 2nd quarter worth $207,000.

iShares USD Green Bond ETF Stock Performance

Shares of iShares USD Green Bond ETF stock opened at $46.71 on Monday. iShares USD Green Bond ETF has a 12 month low of $45.73 and a 12 month high of $48.54. The stock’s fifty day moving average price is $46.90 and its 200-day moving average price is $47.37.

iShares USD Green Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.1676 per share. This represents a $2.01 annualized dividend and a yield of 4.31%. 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.

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.