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 September. As of September 30th, there was short interest totaling 9,200 shares, a decline of 35.2% from the September 15th total of 14,200 shares. Based on an average daily trading volume, of 30,200 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 30,200 shares, the short-interest ratio is presently 0.3 days.

iShares USD Green Bond ETF Price Performance

Shares of BGRN stock opened at $48.44 on Thursday. iShares USD Green Bond ETF has a fifty-two week low of $46.15 and a fifty-two week high of $48.49. The firm’s 50 day moving average price is $48.04 and its two-hundred day moving average price is $47.46.

iShares USD Green Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.1666 per share. The ex-dividend date is Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Institutional Trading of iShares USD Green Bond ETF

A number of hedge funds have recently made changes to their positions in the company. Betterment LLC raised its stake in shares of iShares USD Green Bond ETF by 2.2% during the first quarter. Betterment LLC now owns 1,321,558 shares of the company’s stock valued at $62,589,000 after purchasing an additional 28,503 shares during the period. Empower Advisory Group LLC increased its stake in shares of iShares USD Green Bond ETF by 1.1% in the second quarter. Empower Advisory Group LLC now owns 1,062,274 shares of the company’s stock worth $50,639,000 after buying an additional 11,848 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares USD Green Bond ETF by 3.6% in the second quarter. Envestnet Asset Management Inc. now owns 659,577 shares of the company’s stock worth $31,442,000 after buying an additional 22,780 shares during the last quarter. Francis Financial Inc. increased its stake in shares of iShares USD Green Bond ETF by 7.2% in the first quarter. Francis Financial Inc. now owns 369,746 shares of the company’s stock worth $17,511,000 after buying an additional 24,716 shares during the last quarter. Finally, Bank of America Corp DE increased 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 buying an additional 41,531 shares during the last quarter.

About iShares USD Green Bond ETF

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.