VanEck Green Bond ETF (NYSEARCA:GRNB) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of VanEck Green Bond ETF (NYSEARCA:GRNB) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $24.25 and traded as high as $24.55. VanEck Green Bond ETF shares last traded at $24.45, with a volume of 21,311 shares trading hands.

VanEck Green Bond ETF Price Performance

The business has a fifty day moving average of $24.44 and a 200-day moving average of $24.25. The stock has a market capitalization of $154.04 million, a price-to-earnings ratio of -35.96 and a beta of 0.24.

Institutional Trading of VanEck Green Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisory Services Network LLC acquired a new position in VanEck Green Bond ETF in the third quarter worth approximately $137,000. Financial Engines Advisors L.L.C. boosted its stake in shares of VanEck Green Bond ETF by 6.2% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 129,904 shares of the financial services provider’s stock worth $3,174,000 after acquiring an additional 7,583 shares in the last quarter. Mariner LLC boosted its stake in shares of VanEck Green Bond ETF by 2.3% during the 3rd quarter. Mariner LLC now owns 47,171 shares of the financial services provider’s stock worth $1,152,000 after acquiring an additional 1,075 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of VanEck Green Bond ETF by 14.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 15,466 shares of the financial services provider’s stock worth $378,000 after acquiring an additional 1,992 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of VanEck Green Bond ETF by 3.9% during the third quarter. Bank of America Corp DE now owns 21,056 shares of the financial services provider’s stock worth $514,000 after purchasing an additional 797 shares during the period. 1.77% of the stock is owned by institutional investors and hedge funds.

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.