Envestnet Asset Management Inc. Raises Position in iShares USD Green Bond ETF $BGRN

Envestnet Asset Management Inc. raised its stake in iShares USD Green Bond ETF (NASDAQ:BGRN) by 3.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 659,577 shares of the company’s stock after purchasing an additional 22,780 shares during the quarter. Envestnet Asset Management Inc. owned 7.63% of iShares USD Green Bond ETF worth $31,442,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Connections Group Inc. purchased a new stake in shares of iShares USD Green Bond ETF in the second quarter worth approximately $49,000. Ameritas Advisory Services LLC purchased a new stake in shares of iShares USD Green Bond ETF during the second quarter valued at approximately $112,000. LRI Investments LLC purchased a new stake in shares of iShares USD Green Bond ETF during the first quarter valued at approximately $147,000. Ally Invest Advisors Inc. purchased a new stake in shares of iShares USD Green Bond ETF during the first quarter valued at approximately $202,000. Finally, CW Advisors LLC purchased a new stake in shares of iShares USD Green Bond ETF during the first quarter valued at approximately $211,000.

iShares USD Green Bond ETF Stock Down 0.1%

Shares of BGRN opened at $48.22 on Monday. The stock has a 50 day moving average of $48.14 and a 200 day moving average of $47.55. iShares USD Green Bond ETF has a 12 month low of $46.15 and a 12 month high of $48.52.

iShares USD Green Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd will be given a $0.1701 dividend. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Monday, November 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.