Rossby Financial LCC Buys 38,079 Shares of VanEck Green Bond ETF $GRNB

Rossby Financial LCC lifted its stake in VanEck Green Bond ETF (NYSEARCA:GRNB) by 15.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 280,710 shares of the financial services provider’s stock after purchasing an additional 38,079 shares during the period. VanEck Green Bond ETF accounts for approximately 2.2% of Rossby Financial LCC’s holdings, making the stock its 5th largest holding. Rossby Financial LCC’s holdings in VanEck Green Bond ETF were worth $6,851,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Founders Financial Alliance LLC acquired a new position in VanEck Green Bond ETF in the third quarter valued at about $33,000. Thrivent Financial for Lutherans bought a new stake in shares of VanEck Green Bond ETF in the 2nd quarter valued at about $208,000. Perigon Wealth Management LLC bought a new stake in shares of VanEck Green Bond ETF in the 3rd quarter valued at about $210,000. First Pacific Financial raised its position in shares of VanEck Green Bond ETF by 21.2% in the 3rd quarter. First Pacific Financial now owns 8,894 shares of the financial services provider’s stock valued at $217,000 after acquiring an additional 1,557 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of VanEck Green Bond ETF in the 1st quarter valued at approximately $234,000. Institutional investors own 1.77% of the company’s stock.

VanEck Green Bond ETF Price Performance

VanEck Green Bond ETF stock opened at $24.44 on Friday. The firm has a market capitalization of $168.64 million, a price-to-earnings ratio of -35.94 and a beta of 0.24. The company’s 50 day simple moving average is $24.38 and its 200 day simple moving average is $24.40. VanEck Green Bond ETF has a fifty-two week low of $23.48 and a fifty-two week high of $24.67.

VanEck Green Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.089 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%. VanEck Green Bond ETF’s payout ratio is -150.00%.

VanEck Green Bond ETF Company Profile

Green Bankshares, Inc (Green Bankshares) is a bank holding company. Prior to September 7, 2011, Green Bankshares conducted its business primarily through its wholly owned subsidiary, GreenBank (the Bank). On September 7, 2011, the Bank merged with and into Capital Bank, National Association (Capital Bank, NA), a subsidiary of Capital Bank Financial Corp. (CBF). CBF owns approximately 90% interest of the Company. As of December 31, 2011, the Company’s net investment of $315.3 million in Capital Bank, NA.