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

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 21,065 shares, a drop of 48.1% from the January 15th total of 40,591 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 23,425 shares, the short-interest ratio is currently 0.9 days. Based on an average trading volume of 23,425 shares, the short-interest ratio is currently 0.9 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of iShares USD Green Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Betterment LLC boosted its stake in iShares USD Green Bond ETF by 6.9% during the 4th quarter. Betterment LLC now owns 1,345,583 shares of the company’s stock valued at $64,507,000 after acquiring an additional 86,489 shares during the last quarter. Empower Advisory Group LLC raised its stake in shares of iShares USD Green Bond ETF by 1.1% in the 2nd quarter. Empower Advisory Group LLC now owns 1,062,274 shares of the company’s stock valued at $50,639,000 after purchasing an additional 11,848 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares USD Green Bond ETF by 26.7% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 946,916 shares of the company’s stock valued at $45,573,000 after purchasing an additional 199,292 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares USD Green Bond ETF by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 659,577 shares of the company’s stock worth $31,442,000 after purchasing an additional 22,780 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in iShares USD Green Bond ETF by 10.2% in the third quarter. Bank of America Corp DE now owns 329,992 shares of the company’s stock worth $15,882,000 after purchasing an additional 30,655 shares in the last quarter.

iShares USD Green Bond ETF Price Performance

Shares of BGRN opened at $48.16 on Friday. iShares USD Green Bond ETF has a one year low of $46.15 and a one year high of $48.52. The stock has a 50-day moving average price of $47.98 and a 200 day moving average price of $48.01.

iShares USD Green Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1697 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

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