iShares USD Green Bond ETF (NASDAQ:BGRN) to Issue Monthly Dividend of $0.17

iShares USD Green Bond ETF (NASDAQ:BGRN) announced a monthly dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be given a dividend of 0.1742 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Tuesday, September 1st. This is a 3.8% increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.17.

iShares USD Green Bond ETF Stock Performance

BGRN stock traded down $0.26 on Tuesday, hitting $46.58. 32,627 shares of the company were exchanged, compared to its average volume of 29,986. iShares USD Green Bond ETF has a twelve month low of $46.56 and a twelve month high of $48.52. The business’s fifty day moving average is $47.06 and its two-hundred day moving average is $47.40.

Institutional Trading of iShares USD Green Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC boosted its holdings in iShares USD Green Bond ETF by 26.8% in the first quarter. NewEdge Advisors LLC now owns 10,610 shares of the company’s stock valued at $502,000 after acquiring an additional 2,242 shares during the last quarter. Jane Street Group LLC acquired a new position in iShares USD Green Bond ETF during the first quarter valued at approximately $1,394,000. CW Advisors LLC lifted its position in iShares USD Green Bond ETF by 21.8% during the second quarter. CW Advisors LLC now owns 5,423 shares of the company’s stock valued at $259,000 after buying an additional 972 shares in the last quarter. Raymond James Financial Inc. grew its stake in iShares USD Green Bond ETF by 107.1% during the second quarter. Raymond James Financial Inc. now owns 68,389 shares of the company’s stock worth $3,260,000 after buying an additional 35,370 shares during the period. Finally, Bank of America Corp DE grew its stake in iShares USD Green Bond ETF by 16.1% during the second quarter. Bank of America Corp DE now owns 299,337 shares of the company’s stock worth $14,269,000 after buying an additional 41,531 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.