Envestnet Asset Management Inc. Has $30.16 Million Position in iShares USD Green Bond ETF (NASDAQ:BGRN)

Envestnet Asset Management Inc. trimmed its stake in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) by 0.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 636,797 shares of the company’s stock after selling 2,331 shares during the quarter. Envestnet Asset Management Inc. owned 7.58% of iShares USD Green Bond ETF worth $30,159,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of BGRN. Franklin Resources Inc. increased its holdings in iShares USD Green Bond ETF by 1.4% during the 4th quarter. Franklin Resources Inc. now owns 18,031 shares of the company’s stock valued at $841,000 after purchasing an additional 249 shares in the last quarter. Summit Investment Advisors Inc. raised its position in shares of iShares USD Green Bond ETF by 3.4% during the fourth quarter. Summit Investment Advisors Inc. now owns 8,902 shares of the company’s stock worth $415,000 after acquiring an additional 290 shares during the last quarter. Northwest & Ethical Investments L.P. lifted its position in iShares USD Green Bond ETF by 3.2% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 15,940 shares of the company’s stock valued at $743,000 after purchasing an additional 500 shares during the period. Better Money Decisions LLC grew its position in shares of iShares USD Green Bond ETF by 4.3% during the 1st quarter. Better Money Decisions LLC now owns 15,750 shares of the company’s stock worth $746,000 after buying an additional 656 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares USD Green Bond ETF by 2.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 37,751 shares of the company’s stock worth $1,788,000 after buying an additional 818 shares during the last quarter.

iShares USD Green Bond ETF Price Performance

Shares of BGRN stock opened at $47.30 on Tuesday. iShares USD Green Bond ETF has a 52-week low of $46.15 and a 52-week high of $48.54. The firm’s 50 day moving average price is $47.12 and its two-hundred day moving average price is $46.98.

iShares USD Green Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 7th. Investors of record on Tuesday, July 1st were given a $0.1673 dividend. The ex-dividend date was Tuesday, July 1st.

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.