iShares USD Green Bond ETF $BGRN Shares Sold by Betterment LLC

Betterment LLC decreased its stake in iShares USD Green Bond ETF (NASDAQ:BGRN) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,259,094 shares of the company’s stock after selling 51,582 shares during the period. Betterment LLC owned approximately 13.99% of iShares USD Green Bond ETF worth $60,600,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Signature Resources Capital Management LLC increased its holdings in iShares USD Green Bond ETF by 1,358.9% in the third quarter. Signature Resources Capital Management LLC now owns 1,065 shares of the company’s stock valued at $51,000 after buying an additional 992 shares in the last quarter. WFA of San Diego LLC acquired a new stake in shares of iShares USD Green Bond ETF in the 2nd quarter worth approximately $64,000. Rossby Financial LCC acquired a new stake in shares of iShares USD Green Bond ETF in the 3rd quarter worth approximately $95,000. Synovus Financial Corp purchased a new position in iShares USD Green Bond ETF in the 3rd quarter valued at approximately $226,000. Finally, Jones Financial Companies Lllp increased its stake in iShares USD Green Bond ETF by 11.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,087 shares of the company’s stock valued at $244,000 after purchasing an additional 533 shares in the last quarter.

iShares USD Green Bond ETF Price Performance

iShares USD Green Bond ETF stock opened at $47.43 on Friday. iShares USD Green Bond ETF has a fifty-two week low of $46.15 and a fifty-two week high of $48.52. The stock’s fifty day moving average is $48.03 and its two-hundred day moving average is $48.07.

iShares USD Green Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.1685 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Monday, March 2nd.

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. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.