iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Update

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 4,500 shares, a decline of 64.3% from the October 15th total of 12,600 shares. Based on an average trading volume of 23,600 shares, the days-to-cover ratio is currently 0.2 days.

iShares USD Green Bond ETF Stock Performance

BGRN stock traded up $0.13 during midday trading on Wednesday, reaching $47.12. 64,968 shares of the company’s stock traded hands, compared to its average volume of 24,245. The firm’s fifty day moving average price is $47.83 and its 200-day moving average price is $47.22. iShares USD Green Bond ETF has a 52 week low of $45.19 and a 52 week high of $48.54.

iShares USD Green Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1633 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.96 dividend on an annualized basis and a yield of 4.16%.

Institutional Trading of iShares USD Green Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Equita Financial Network Inc. lifted its holdings in iShares USD Green Bond ETF by 32.9% during the third quarter. Equita Financial Network Inc. now owns 6,299 shares of the company’s stock worth $304,000 after acquiring an additional 1,561 shares during the period. Pathstone Holdings LLC lifted its stake in iShares USD Green Bond ETF by 33.2% in the third quarter. Pathstone Holdings LLC now owns 36,187 shares of the company’s stock valued at $1,749,000 after purchasing an additional 9,014 shares during the last quarter. Empower Advisory Group LLC grew its holdings in iShares USD Green Bond ETF by 0.8% during the third quarter. Empower Advisory Group LLC now owns 954,740 shares of the company’s stock valued at $46,152,000 after purchasing an additional 7,528 shares during the period. Francis Financial Inc. increased its position in iShares USD Green Bond ETF by 4.9% in the third quarter. Francis Financial Inc. now owns 342,416 shares of the company’s stock worth $16,552,000 after buying an additional 16,104 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of iShares USD Green Bond ETF by 10.1% in the third quarter. Assetmark Inc. now owns 52,021 shares of the company’s stock valued at $2,515,000 after buying an additional 4,772 shares during the period.

iShares USD Green Bond ETF Company 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.