Raymond James Financial Inc. Makes New $1.42 Million Investment in iShares USD Green Bond ETF (NASDAQ:BGRN)

Raymond James Financial Inc. bought a new stake in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 30,490 shares of the company’s stock, valued at approximately $1,421,000. Raymond James Financial Inc. owned 0.36% of iShares USD Green Bond ETF at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in BGRN. Trust Co. of Vermont bought a new stake in iShares USD Green Bond ETF during the 4th quarter valued at about $78,000. Sachetta LLC raised its stake in shares of iShares USD Green Bond ETF by 19.4% during the fourth quarter. Sachetta LLC now owns 2,370 shares of the company’s stock valued at $110,000 after acquiring an additional 385 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares USD Green Bond ETF during the fourth quarter valued at approximately $131,000. Morton Brown Family Wealth LLC boosted its holdings in shares of iShares USD Green Bond ETF by 59.9% in the fourth quarter. Morton Brown Family Wealth LLC now owns 3,298 shares of the company’s stock valued at $154,000 after purchasing an additional 1,235 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in iShares USD Green Bond ETF by 25.3% in the fourth quarter. Jones Financial Companies Lllp now owns 3,666 shares of the company’s stock worth $171,000 after purchasing an additional 740 shares in the last quarter.

iShares USD Green Bond ETF Stock Down 0.3 %

Shares of NASDAQ BGRN opened at $47.21 on Wednesday. iShares USD Green Bond ETF has a twelve month low of $45.73 and a twelve month high of $48.54. The business has a fifty day simple moving average of $47.03 and a two-hundred day simple moving average of $47.20.

iShares USD Green Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.1708 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This is a positive change from iShares USD Green Bond ETF’s previous dividend of $0.17.

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.