PFG Investments LLC Purchases 198,444 Shares of VanEck Green Bond ETF $GRNB

PFG Investments LLC increased its position in VanEck Green Bond ETF (NYSEARCA:GRNB) by 36.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 737,234 shares of the financial services provider’s stock after purchasing an additional 198,444 shares during the quarter. VanEck Green Bond ETF makes up about 0.8% of PFG Investments LLC’s portfolio, making the stock its 19th biggest position. PFG Investments LLC owned approximately 10.68% of VanEck Green Bond ETF worth $17,941,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC purchased a new stake in VanEck Green Bond ETF during the fourth quarter worth $520,000. Rossby Financial LCC lifted its holdings in VanEck Green Bond ETF by 15.7% during the third quarter. Rossby Financial LCC now owns 280,710 shares of the financial services provider’s stock worth $6,851,000 after buying an additional 38,079 shares during the period. Natural Investments LLC purchased a new stake in VanEck Green Bond ETF during the fourth quarter worth $1,556,000. Focus Partners Advisor Solutions LLC lifted its holdings in VanEck Green Bond ETF by 132.2% during the third quarter. Focus Partners Advisor Solutions LLC now owns 23,140 shares of the financial services provider’s stock worth $564,000 after buying an additional 13,176 shares during the period. Finally, MAI Capital Management lifted its holdings in VanEck Green Bond ETF by 9.1% during the third quarter. MAI Capital Management now owns 5,040 shares of the financial services provider’s stock worth $123,000 after buying an additional 421 shares during the period. Hedge funds and other institutional investors own 1.77% of the company’s stock.

VanEck Green Bond ETF Price Performance

VanEck Green Bond ETF stock opened at $24.16 on Thursday. The business has a fifty day moving average of $24.18 and a two-hundred day moving average of $24.33. The firm has a market cap of $177.58 million, a P/E ratio of -35.53 and a beta of 0.26. VanEck Green Bond ETF has a twelve month low of $23.67 and a twelve month high of $24.67.

VanEck Green Bond ETF Profile

Green Bankshares, Inc (Green Bankshares) is a bank holding company. Prior to September 7, 2011, Green Bankshares conducted its business primarily through its wholly owned subsidiary, GreenBank (the Bank). On September 7, 2011, the Bank merged with and into Capital Bank, National Association (Capital Bank, NA), a subsidiary of Capital Bank Financial Corp. (CBF). CBF owns approximately 90% interest of the Company. As of December 31, 2011, the Company’s net investment of $315.3 million in Capital Bank, NA.