iShares USD Green Bond ETF (NASDAQ:BGRN) Sees Significant Decline in Short Interest

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 4,800 shares, a decline of 54.3% from the January 31st total of 10,500 shares. Based on an average trading volume of 25,100 shares, the short-interest ratio is presently 0.2 days.

iShares USD Green Bond ETF Trading Up 0.4 %

NASDAQ BGRN opened at $47.48 on Friday. iShares USD Green Bond ETF has a fifty-two week low of $45.73 and a fifty-two week high of $48.54. The stock has a 50-day simple moving average of $46.75 and a two-hundred day simple moving average of $47.33.

iShares USD Green Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1669 per share. This is a boost from iShares USD Green Bond ETF’s previous dividend of $0.16. The ex-dividend date was Monday, February 3rd.

Institutional Investors Weigh In On iShares USD Green Bond ETF

Several hedge funds have recently bought and sold shares of the stock. Franklin Resources Inc. increased its holdings in shares of iShares USD Green Bond ETF by 1.4% during the 4th quarter. Franklin Resources Inc. now owns 18,031 shares of the company’s stock valued at $841,000 after purchasing an additional 249 shares in the last quarter. Omega Financial Group LLC increased its holdings in iShares USD Green Bond ETF by 1.6% in the fourth quarter. Omega Financial Group LLC now owns 16,333 shares of the company’s stock valued at $761,000 after buying an additional 262 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in iShares USD Green Bond ETF by 1.7% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 16,301 shares of the company’s stock valued at $760,000 after buying an additional 276 shares in the last quarter. Summit Investment Advisors Inc. raised its position in shares of iShares USD Green Bond ETF by 3.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,902 shares of the company’s stock worth $415,000 after acquiring an additional 290 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of iShares USD Green Bond ETF by 93.2% during the 3rd quarter. Allworth Financial LP now owns 655 shares of the company’s stock worth $32,000 after acquiring an additional 316 shares in the last quarter.

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.