Archer Investment Management LLC Makes New $558,000 Investment in iShares USD Green Bond ETF (NASDAQ:BGRN)

Archer Investment Management LLC bought a new position in iShares USD Green Bond ETF (NASDAQ:BGRN) during the fourth quarter, HoldingsChannel.com reports. The fund bought 11,964 shares of the company’s stock, valued at approximately $558,000.

Other institutional investors have also recently modified their holdings of the company. Omega Financial Group LLC boosted its position in shares of iShares USD Green Bond ETF by 1.6% during the fourth quarter. Omega Financial Group LLC now owns 16,333 shares of the company’s stock valued at $761,000 after buying an additional 262 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of iShares USD Green Bond ETF by 1.7% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 16,301 shares of the company’s stock worth $760,000 after buying an additional 276 shares during the period. Allworth Financial LP raised its stake in shares of iShares USD Green Bond ETF by 93.2% in the third quarter. Allworth Financial LP now owns 655 shares of the company’s stock worth $32,000 after buying an additional 316 shares during the period. Johnson Financial Group LLC raised its stake in shares of iShares USD Green Bond ETF by 2.6% in the third quarter. Johnson Financial Group LLC now owns 14,041 shares of the company’s stock worth $679,000 after buying an additional 355 shares during the period. Finally, Sachetta LLC raised its stake in shares of iShares USD Green Bond ETF by 19.4% in the fourth quarter. Sachetta LLC now owns 2,370 shares of the company’s stock worth $110,000 after buying an additional 385 shares during the period.

iShares USD Green Bond ETF Price Performance

Shares of BGRN opened at $46.62 on Tuesday. iShares USD Green Bond ETF has a 12-month low of $45.73 and a 12-month high of $48.54. The business’s 50 day moving average is $46.88 and its 200 day moving average is $47.37.

iShares USD Green Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a $0.1669 dividend. This is a boost from iShares USD Green Bond ETF’s previous dividend of $0.16. The ex-dividend date of this dividend is Monday, February 3rd.

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.