SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co Takes Position in iShares USD Green Bond ETF $BGRN

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new position in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 531,914 shares of the company’s stock, valued at approximately $25,252,000. iShares USD Green Bond ETF makes up about 8.3% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s portfolio, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Tanager Wealth Management LLP lifted its position in iShares USD Green Bond ETF by 1.6% in the 2nd quarter. Tanager Wealth Management LLP now owns 15,090 shares of the company’s stock valued at $716,000 after acquiring an additional 237 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in iShares USD Green Bond ETF by 1.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 21,792 shares of the company’s stock worth $1,045,000 after purchasing an additional 249 shares in the last quarter. Franklin Resources Inc. increased its holdings in iShares USD Green Bond ETF by 1.4% during the 4th quarter. Franklin Resources Inc. now owns 18,811 shares of the company’s stock worth $902,000 after purchasing an additional 262 shares in the last quarter. Cardinal Point Capital Management ULC increased its holdings in iShares USD Green Bond ETF by 2.1% during the 4th quarter. Cardinal Point Capital Management ULC now owns 13,436 shares of the company’s stock worth $644,000 after purchasing an additional 278 shares in the last quarter. Finally, Compound Planning Inc. raised its stake in shares of iShares USD Green Bond ETF by 2.2% in the 4th quarter. Compound Planning Inc. now owns 17,561 shares of the company’s stock valued at $842,000 after purchasing an additional 384 shares during the period.

iShares USD Green Bond ETF Price Performance

BGRN opened at $46.66 on Monday. The business’s 50-day moving average price is $46.99 and its two-hundred day moving average price is $47.35. iShares USD Green Bond ETF has a 1 year low of $46.56 and a 1 year high of $48.52.

iShares USD Green Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.1742 per share. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.