Private Wealth Management Group LLC Increases Position in iShares USD Green Bond ETF (NASDAQ:BGRN)

Private Wealth Management Group LLC increased its stake in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) by 8.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,639 shares of the company’s stock after buying an additional 1,977 shares during the quarter. iShares USD Green Bond ETF comprises about 0.5% of Private Wealth Management Group LLC’s holdings, making the stock its 29th largest position. Private Wealth Management Group LLC’s holdings in iShares USD Green Bond ETF were worth $1,288,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. grew its position in iShares USD Green Bond ETF by 102.9% in the 3rd quarter. Richardson Financial Services Inc. now owns 1,548 shares of the company’s stock valued at $73,000 after buying an additional 785 shares during the last quarter. Allworth Financial LP lifted its stake in shares of iShares USD Green Bond ETF by 93.2% in the 3rd quarter. Allworth Financial LP now owns 655 shares of the company’s stock worth $32,000 after acquiring an additional 316 shares during the period. Tanager Wealth Management LLP boosted its holdings in shares of iShares USD Green Bond ETF by 30.0% in the third quarter. Tanager Wealth Management LLP now owns 17,003 shares of the company’s stock valued at $822,000 after acquiring an additional 3,919 shares in the last quarter. Vontobel Holding Ltd. increased its stake in shares of iShares USD Green Bond ETF by 3.4% during the third quarter. Vontobel Holding Ltd. now owns 13,122 shares of the company’s stock worth $634,000 after acquiring an additional 435 shares during the period. Finally, Creative Planning raised its holdings in iShares USD Green Bond ETF by 1.8% during the third quarter. Creative Planning now owns 115,079 shares of the company’s stock worth $5,563,000 after purchasing an additional 2,078 shares in the last quarter.

iShares USD Green Bond ETF Stock Performance

NASDAQ BGRN traded down $0.09 on Friday, hitting $47.00. 21,526 shares of the company’s stock were exchanged, compared to its average volume of 23,809. The firm’s 50-day moving average price is $47.92 and its two-hundred day moving average price is $47.16. iShares USD Green Bond ETF has a fifty-two week low of $44.65 and a fifty-two week high of $48.54.

iShares USD Green Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be given a $0.1633 dividend. This represents a $1.96 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend is Friday, November 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.