Kades & Cheifetz LLC Invests $325,000 in iShares USD Green Bond ETF (NASDAQ:BGRN)

Kades & Cheifetz LLC purchased a new position in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 6,970 shares of the company’s stock, valued at approximately $325,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Allworth Financial LP boosted its position in iShares USD Green Bond ETF by 93.2% during the third quarter. Allworth Financial LP now owns 655 shares of the company’s stock valued at $32,000 after purchasing an additional 316 shares in the last quarter. Richardson Financial Services Inc. boosted its position in iShares USD Green Bond ETF by 102.9% during the third quarter. Richardson Financial Services Inc. now owns 1,548 shares of the company’s stock valued at $73,000 after purchasing an additional 785 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in iShares USD Green Bond ETF during the second quarter valued at about $207,000. First National Corp MA ADV bought a new stake in iShares USD Green Bond ETF during the third quarter valued at about $249,000. Finally, Equita Financial Network Inc. boosted its position in iShares USD Green Bond ETF by 32.9% during the third quarter. Equita Financial Network Inc. now owns 6,299 shares of the company’s stock valued at $304,000 after purchasing an additional 1,561 shares in the last quarter.

iShares USD Green Bond ETF Price Performance

BGRN stock traded up $0.01 during trading on Monday, reaching $46.31. 12,784 shares of the company traded hands, compared to its average volume of 19,677. iShares USD Green Bond ETF has a 12 month low of $45.73 and a 12 month high of $48.54. The business has a 50 day simple moving average of $47.00 and a 200 day simple moving average of $47.38.

iShares USD Green Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1676 per share. The ex-dividend date was Wednesday, December 18th. This represents a $2.01 dividend on an annualized basis and a yield of 4.34%. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.16.

iShares USD Green Bond ETF 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.