TrueWealth Financial Partners Makes New $795,000 Investment in VanEck Green Bond ETF $GRNB

TrueWealth Financial Partners purchased a new position in shares of VanEck Green Bond ETF (NYSEARCA:GRNB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 32,678 shares of the financial services provider’s stock, valued at approximately $795,000. TrueWealth Financial Partners owned approximately 0.47% of VanEck Green Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GRNB. Founders Financial Alliance LLC bought a new stake in VanEck Green Bond ETF during the 3rd quarter worth about $33,000. Flagship Harbor Advisors LLC bought a new stake in shares of VanEck Green Bond ETF in the 4th quarter valued at about $101,000. MAI Capital Management raised its holdings in shares of VanEck Green Bond ETF by 9.1% in the 3rd quarter. MAI Capital Management now owns 5,040 shares of the financial services provider’s stock valued at $123,000 after purchasing an additional 421 shares during the period. Advisory Services Network LLC bought a new stake in shares of VanEck Green Bond ETF in the 3rd quarter valued at about $137,000. Finally, Thrivent Financial for Lutherans bought a new stake in shares of VanEck Green Bond ETF in the 2nd quarter valued at about $208,000. 1.77% of the stock is owned by institutional investors.

VanEck Green Bond ETF Stock Performance

Shares of GRNB stock opened at $24.03 on Thursday. The firm’s 50-day moving average is $24.07 and its 200-day moving average is $24.28. The stock has a market cap of $176.62 million, a price-to-earnings ratio of -35.34 and a beta of 0.25. VanEck Green Bond ETF has a 52-week low of $23.70 and a 52-week high of $24.67.

About VanEck Green Bond ETF

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.