Summit Investment Advisors Inc. Buys 290 Shares of iShares USD Green Bond ETF (NASDAQ:BGRN)

Summit Investment Advisors Inc. grew its position in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,902 shares of the company’s stock after purchasing an additional 290 shares during the quarter. Summit Investment Advisors Inc. owned about 0.10% of iShares USD Green Bond ETF worth $415,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Trust Co. of Vermont bought a new position in iShares USD Green Bond ETF during the fourth quarter worth $78,000. Sachetta LLC grew its holdings in iShares USD Green Bond ETF by 19.4% during the 4th quarter. Sachetta LLC now owns 2,370 shares of the company’s stock worth $110,000 after acquiring an additional 385 shares during the period. Halbert Hargrove Global Advisors LLC bought a new position in shares of iShares USD Green Bond ETF in the 4th quarter worth about $131,000. Morton Brown Family Wealth LLC lifted its stake in shares of iShares USD Green Bond ETF by 59.9% in the 4th quarter. Morton Brown Family Wealth LLC now owns 3,298 shares of the company’s stock valued at $154,000 after purchasing an additional 1,235 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of iShares USD Green Bond ETF by 25.3% during the 4th quarter. Jones Financial Companies Lllp now owns 3,666 shares of the company’s stock valued at $171,000 after purchasing an additional 740 shares in the last quarter.

iShares USD Green Bond ETF Price Performance

Shares of BGRN opened at $46.79 on Friday. iShares USD Green Bond ETF has a 52-week low of $45.73 and a 52-week high of $48.54. The business’s 50 day moving average price is $47.04 and its two-hundred day moving average price is $47.06.

iShares USD Green Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a dividend of $0.1708 per share. The ex-dividend date was Tuesday, April 1st. This is a positive change from iShares USD Green Bond ETF’s previous dividend of $0.17.

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.