Archer Investment Management LLC Invests $558,000 in iShares USD Green Bond ETF (NASDAQ:BGRN)

Archer Investment Management LLC purchased a new stake in shares of iShares USD Green Bond ETF (NASDAQ:BGRN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,964 shares of the company’s stock, valued at approximately $558,000. Archer Investment Management LLC owned 0.14% of iShares USD Green Bond ETF at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Omega Financial Group LLC lifted its holdings in shares of iShares USD Green Bond ETF by 1.6% during the 4th quarter. Omega Financial Group LLC now owns 16,333 shares of the company’s stock worth $761,000 after acquiring an additional 262 shares during the period. Dynamic Advisor Solutions LLC boosted its stake in iShares USD Green Bond ETF by 1.7% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 16,301 shares of the company’s stock worth $760,000 after acquiring an additional 276 shares during the last quarter. Allworth Financial LP lifted its stake in iShares USD Green Bond ETF by 93.2% in the third quarter. Allworth Financial LP now owns 655 shares of the company’s stock valued at $32,000 after buying an additional 316 shares in the last quarter. Johnson Financial Group LLC lifted its stake in iShares USD Green Bond ETF by 2.6% in the third quarter. Johnson Financial Group LLC now owns 14,041 shares of the company’s stock valued at $679,000 after buying an additional 355 shares in the last quarter. Finally, Sachetta LLC raised its holdings in shares of iShares USD Green Bond ETF by 19.4% in the fourth quarter. Sachetta LLC now owns 2,370 shares of the company’s stock valued at $110,000 after purchasing an additional 385 shares during the last quarter.

iShares USD Green Bond ETF Stock Performance

Shares of BGRN opened at $46.62 on Tuesday. iShares USD Green Bond ETF has a 1-year low of $45.73 and a 1-year high of $48.54. The company’s fifty day simple moving average is $46.88 and its 200 day simple moving average is $47.37.

iShares USD Green Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a $0.1669 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This is a boost from iShares USD Green Bond ETF’s previous dividend of $0.16.

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.