iShares USD Green Bond ETF (NASDAQ:BGRN) Shares Up 0% – Still a Buy?

iShares USD Green Bond ETF (NASDAQ:BGRN) shares rose 0% on Thursday . The stock traded as high as $46.95 and last traded at $46.92. Approximately 27,996 shares changed hands during trading, a decline of 10% from the average session volume of 31,227 shares. The stock had previously closed at $46.90.

iShares USD Green Bond ETF Price Performance

The business’s fifty day moving average price is $47.26 and its 200-day moving average price is $47.57.

iShares USD Green Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.1679 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.3%.

Institutional Trading of iShares USD Green Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of BGRN. Midwest Financial Partners Investments Inc. bought a new position in iShares USD Green Bond ETF in the 4th quarter valued at $845,000. Impact Investors Inc increased its holdings in shares of iShares USD Green Bond ETF by 11.1% in the first quarter. Impact Investors Inc now owns 169,667 shares of the company’s stock worth $8,054,000 after purchasing an additional 16,888 shares during the period. Livet Wealth LLC purchased a new stake in shares of iShares USD Green Bond ETF in the fourth quarter worth $807,000. Seeds Investor LLC raised its position in shares of iShares USD Green Bond ETF by 9.4% in the fourth quarter. Seeds Investor LLC now owns 129,219 shares of the company’s stock worth $6,194,000 after buying an additional 11,145 shares in the last quarter. Finally, Private Wealth Management Group LLC boosted its stake in iShares USD Green Bond ETF by 2.1% during the first quarter. Private Wealth Management Group LLC now owns 27,196 shares of the company’s stock valued at $1,291,000 after buying an additional 548 shares during the period.

iShares USD Green Bond ETF Company 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. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.