Midwest Financial Partners Investments Inc. Makes New $845,000 Investment in iShares USD Green Bond ETF $BGRN

Midwest Financial Partners Investments Inc. purchased a new position in iShares USD Green Bond ETF (NASDAQ:BGRN) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 17,632 shares of the company’s stock, valued at approximately $845,000.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in iShares USD Green Bond ETF by 429.4% in the fourth quarter. Allworth Financial LP now owns 630 shares of the company’s stock worth $30,000 after acquiring an additional 511 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in iShares USD Green Bond ETF in the fourth quarter worth about $31,000. WFA of San Diego LLC purchased a new stake in shares of iShares USD Green Bond ETF during the second quarter valued at $64,000. Advisory Services Network LLC purchased a new stake in shares of iShares USD Green Bond ETF during the third quarter valued at $85,000. Finally, Rossby Financial LCC purchased a new stake in shares of iShares USD Green Bond ETF during the third quarter valued at $95,000.

iShares USD Green Bond ETF Price Performance

Shares of BGRN opened at $47.24 on Friday. iShares USD Green Bond ETF has a 1-year low of $46.61 and a 1-year high of $48.52. The company’s fifty day moving average price is $47.45 and its 200-day moving average price is $47.83.

iShares USD Green Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.1715 dividend. This is a boost from iShares USD Green Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.4%.

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