Private Wealth Management Group LLC Makes New $1.07 Million Investment in iShares USD Green Bond ETF (NASDAQ:BGRN)

Private Wealth Management Group LLC acquired a new position in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 22,618 shares of the company’s stock, valued at approximately $1,068,000. iShares USD Green Bond ETF comprises 0.5% of Private Wealth Management Group LLC’s investment portfolio, making the stock its 28th biggest position. Private Wealth Management Group LLC owned approximately 0.31% of iShares USD Green Bond ETF as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Beacon Pointe Advisors LLC purchased a new stake in iShares USD Green Bond ETF during the fourth quarter valued at approximately $246,000. Principal Securities Inc. purchased a new stake in iShares USD Green Bond ETF in the fourth quarter valued at about $143,000. Johnson Financial Group LLC boosted its holdings in iShares USD Green Bond ETF by 15.7% in the fourth quarter. Johnson Financial Group LLC now owns 12,177 shares of the company’s stock worth $575,000 after acquiring an additional 1,651 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in iShares USD Green Bond ETF by 5.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 7,378 shares of the company’s stock worth $348,000 after acquiring an additional 385 shares in the last quarter. Finally, Brio Consultants LLC increased its holdings in shares of iShares USD Green Bond ETF by 24.0% during the fourth quarter. Brio Consultants LLC now owns 12,177 shares of the company’s stock valued at $575,000 after acquiring an additional 2,359 shares in the last quarter.

iShares USD Green Bond ETF Stock Down 0.2 %

BGRN stock traded down $0.11 during trading on Friday, reaching $46.47. The company had a trading volume of 14,067 shares, compared to its average volume of 24,784. iShares USD Green Bond ETF has a twelve month low of $44.18 and a twelve month high of $47.36. The firm has a 50-day simple moving average of $46.37 and a 200-day simple moving average of $46.40.

iShares USD Green Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a dividend of $0.1541 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date of this dividend was Wednesday, May 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.