Francis Financial Inc. Sells 116,502 Shares of iShares USD Green Bond ETF $BGRN

Francis Financial Inc. lessened its stake in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) by 31.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 253,244 shares of the company’s stock after selling 116,502 shares during the quarter. iShares USD Green Bond ETF comprises approximately 2.8% of Francis Financial Inc.’s portfolio, making the stock its 10th biggest position. Francis Financial Inc.’s holdings in iShares USD Green Bond ETF were worth $12,072,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Aprio Wealth Management LLC increased its stake in iShares USD Green Bond ETF by 4.4% in the 1st quarter. Aprio Wealth Management LLC now owns 13,518 shares of the company’s stock valued at $640,000 after buying an additional 574 shares during the period. Falcon Wealth Planning boosted its holdings in shares of iShares USD Green Bond ETF by 32.5% in the second quarter. Falcon Wealth Planning now owns 15,399 shares of the company’s stock valued at $734,000 after acquiring an additional 3,777 shares in the last quarter. Ally Invest Advisors Inc. acquired a new position in shares of iShares USD Green Bond ETF during the first quarter worth about $202,000. Cetera Investment Advisers increased its stake in shares of iShares USD Green Bond ETF by 2.3% during the first quarter. Cetera Investment Advisers now owns 92,316 shares of the company’s stock worth $4,372,000 after acquiring an additional 2,112 shares during the period. Finally, Financial Connections Group Inc. purchased a new position in iShares USD Green Bond ETF during the second quarter worth about $49,000.

iShares USD Green Bond ETF Stock Down 0.0%

Shares of BGRN opened at $48.10 on Thursday. iShares USD Green Bond ETF has a twelve month low of $46.15 and a twelve month high of $48.52. The stock’s 50 day moving average is $48.17 and its two-hundred day moving average is $47.62.

iShares USD Green Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a dividend of $0.1701 per share. This is a boost from iShares USD Green Bond ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, November 3rd.

iShares USD Green Bond ETF 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.