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

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 27,600 shares, an increase of 43.8% from the March 15th total of 19,199 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 55,101 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of iShares USD Green Bond ETF

A number of large investors have recently made changes to their positions in BGRN. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares USD Green Bond ETF by 26.7% in the third quarter. Mercer Global Advisors Inc. ADV now owns 946,916 shares of the company’s stock worth $45,573,000 after acquiring an additional 199,292 shares during the period. Impact Investors Inc bought a new stake in shares of iShares USD Green Bond ETF in the third quarter worth approximately $7,561,000. Betterment LLC grew its stake in shares of iShares USD Green Bond ETF by 6.9% in the fourth quarter. Betterment LLC now owns 1,345,583 shares of the company’s stock worth $64,507,000 after acquiring an additional 86,489 shares during the period. Citadel Advisors LLC bought a new stake in shares of iShares USD Green Bond ETF in the third quarter worth approximately $2,085,000. Finally, Bank of America Corp DE grew its stake in shares of iShares USD Green Bond ETF by 16.1% in the second quarter. Bank of America Corp DE now owns 299,337 shares of the company’s stock worth $14,269,000 after acquiring an additional 41,531 shares during the period.

iShares USD Green Bond ETF Stock Performance

NASDAQ:BGRN opened at $47.72 on Wednesday. iShares USD Green Bond ETF has a fifty-two week low of $46.52 and a fifty-two week high of $48.52. The firm has a 50-day simple moving average of $47.76 and a two-hundred day simple moving average of $47.96.

iShares USD Green Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.1666 dividend. The ex-dividend date was Wednesday, April 1st.

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