Cardinal Point Capital Management ULC Has $443,000 Holdings in iShares USD Green Bond ETF (NASDAQ:BGRN)

Cardinal Point Capital Management ULC lifted its stake in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) by 7.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,504 shares of the company’s stock after acquiring an additional 660 shares during the quarter. Cardinal Point Capital Management ULC owned about 0.11% of iShares USD Green Bond ETF worth $443,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in BGRN. Creative Planning lifted its position in shares of iShares USD Green Bond ETF by 18.1% during the 2nd quarter. Creative Planning now owns 113,001 shares of the company’s stock worth $5,259,000 after purchasing an additional 17,308 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in iShares USD Green Bond ETF by 17.9% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 421,688 shares of the company’s stock worth $19,625,000 after buying an additional 63,874 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares USD Green Bond ETF by 16.0% during the second quarter. Envestnet Asset Management Inc. now owns 504,187 shares of the company’s stock worth $23,465,000 after buying an additional 69,552 shares during the last quarter. First National Corp MA ADV bought a new stake in shares of iShares USD Green Bond ETF in the third quarter valued at approximately $249,000. Finally, Vontobel Holding Ltd. grew its stake in shares of iShares USD Green Bond ETF by 3.4% in 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 last quarter.

iShares USD Green Bond ETF Stock Down 0.1 %

Shares of BGRN stock opened at $46.26 on Tuesday. iShares USD Green Bond ETF has a 1 year low of $45.73 and a 1 year high of $48.54. The firm’s fifty day simple moving average is $46.99 and its 200 day simple moving average is $47.37.

iShares USD Green Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.1676 per share. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $2.01 annualized dividend and a dividend yield of 4.35%.

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.