iShares USD Green Bond ETF (NASDAQ:BGRN) Announces Dividend of $0.17

iShares USD Green Bond ETF (NASDAQ:BGRN) declared a dividend on Thursday, April 30th, NASDAQ Dividends reports. Investors of record on Friday, May 1st will be given a dividend of 0.1715 per share on Wednesday, May 6th. The ex-dividend date is Friday, May 1st. This is a 2.9% increase from iShares USD Green Bond ETF’s previous dividend of $0.17.

iShares USD Green Bond ETF Price Performance

BGRN stock traded down $0.07 during midday trading on Friday, hitting $47.45. 6,356 shares of the company’s stock were exchanged, compared to its average volume of 27,964. iShares USD Green Bond ETF has a 1-year low of $46.61 and a 1-year high of $48.52. The business has a 50-day simple moving average of $47.65 and a two-hundred day simple moving average of $47.93.

Institutional Investors Weigh In On iShares USD Green Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BGRN. Allworth Financial LP lifted its holdings in shares of iShares USD Green Bond ETF by 429.4% in the 4th quarter. Allworth Financial LP now owns 630 shares of the company’s stock worth $30,000 after acquiring an additional 511 shares during the last quarter. Lodestone Wealth Management LLC acquired a new stake in iShares USD Green Bond ETF in the 4th quarter valued at approximately $31,000. WFA of San Diego LLC purchased a new stake in iShares USD Green Bond ETF in the second quarter valued at approximately $64,000. Advisory Services Network LLC acquired a new position in iShares USD Green Bond ETF during the third quarter worth $85,000. Finally, Rossby Financial LCC acquired a new position in iShares USD Green Bond ETF during the third quarter worth $95,000.

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.