Cardinal Point Capital Management ULC Boosts Holdings in iShares USD Green Bond ETF $BGRN

Cardinal Point Capital Management ULC raised its holdings in iShares USD Green Bond ETF (NASDAQ:BGRN) by 37.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,154 shares of the company’s stock after purchasing an additional 3,315 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in iShares USD Green Bond ETF were worth $579,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Betterment LLC boosted its holdings in iShares USD Green Bond ETF by 2.2% in the first quarter. Betterment LLC now owns 1,321,558 shares of the company’s stock valued at $62,589,000 after purchasing an additional 28,503 shares during the last quarter. Empower Advisory Group LLC boosted its holdings in iShares USD Green Bond ETF by 4.8% in the first quarter. Empower Advisory Group LLC now owns 1,050,426 shares of the company’s stock valued at $49,748,000 after purchasing an additional 48,532 shares during the last quarter. Francis Financial Inc. boosted its holdings in iShares USD Green Bond ETF by 7.2% in the first quarter. Francis Financial Inc. now owns 369,746 shares of the company’s stock valued at $17,511,000 after purchasing an additional 24,716 shares during the last quarter. Royal Bank of Canada boosted its holdings in iShares USD Green Bond ETF by 1.0% in the first quarter. Royal Bank of Canada now owns 217,330 shares of the company’s stock valued at $10,293,000 after purchasing an additional 2,217 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in iShares USD Green Bond ETF by 2.3% in the first quarter. Cetera Investment Advisers now owns 92,316 shares of the company’s stock valued at $4,372,000 after purchasing an additional 2,112 shares during the last quarter.

iShares USD Green Bond ETF Trading Down 0.1%

Shares of iShares USD Green Bond ETF stock opened at $48.40 on Friday. iShares USD Green Bond ETF has a fifty-two week low of $46.15 and a fifty-two week high of $48.49. The firm has a 50-day simple moving average of $48.06 and a two-hundred day simple moving average of $47.47.

iShares USD Green Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.1666 per share. The ex-dividend date is Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.