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

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 28,500 shares, a growth of 200.0% from the December 15th total of 9,500 shares. Based on an average daily volume of 23,300 shares, the short-interest ratio is currently 1.2 days.

iShares USD Green Bond ETF Price Performance

Shares of BGRN stock opened at $46.59 on Thursday. iShares USD Green Bond ETF has a 12-month low of $45.73 and a 12-month high of $48.54. The firm has a 50-day moving average price of $46.96 and a 200 day moving average price of $47.37.

iShares USD Green Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.1676 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.16. This represents a $2.01 dividend on an annualized basis and a dividend yield of 4.32%.

Hedge Funds Weigh In On iShares USD Green Bond ETF

Institutional investors have recently modified their holdings of the stock. Creative Planning raised its stake in shares of iShares USD Green Bond ETF by 18.1% in the second quarter. Creative Planning now owns 113,001 shares of the company’s stock worth $5,259,000 after acquiring an additional 17,308 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares USD Green Bond ETF by 17.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 421,688 shares of the company’s stock worth $19,625,000 after acquiring an additional 63,874 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares USD Green Bond ETF by 16.0% in the second quarter. Envestnet Asset Management Inc. now owns 504,187 shares of the company’s stock worth $23,465,000 after acquiring an additional 69,552 shares during the last quarter. First National Corp MA ADV acquired a new stake in shares of iShares USD Green Bond ETF during the 3rd quarter worth approximately $249,000. Finally, Vontobel Holding Ltd. grew its position in shares of iShares USD Green Bond ETF by 3.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 13,122 shares of the company’s stock worth $634,000 after buying an additional 435 shares during the period.

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.