iShares USD Green Bond ETF (NASDAQ:BGRN – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 12,200 shares, a drop of 25.2% from the May 31st total of 16,300 shares. Based on an average daily volume of 24,600 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Investors Weigh In On iShares USD Green Bond ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. Francis Financial Inc. raised its stake in shares of iShares USD Green Bond ETF by 40.3% in the 1st quarter. Francis Financial Inc. now owns 291,536 shares of the company’s stock valued at $13,670,000 after acquiring an additional 83,678 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares USD Green Bond ETF by 47.0% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 206,605 shares of the company’s stock valued at $9,324,000 after acquiring an additional 66,026 shares in the last quarter. Modera Wealth Management LLC acquired a new position in shares of iShares USD Green Bond ETF during the third quarter worth approximately $8,562,000. Cetera Investment Advisers increased its position in shares of iShares USD Green Bond ETF by 1,493.2% during the first quarter. Cetera Investment Advisers now owns 92,025 shares of the company’s stock valued at $4,315,000 after purchasing an additional 86,249 shares during the period. Finally, Laurel Wealth Planning LLC increased its position in shares of iShares USD Green Bond ETF by 4.5% during the first quarter. Laurel Wealth Planning LLC now owns 55,267 shares of the company’s stock valued at $2,591,000 after purchasing an additional 2,380 shares during the period.
iShares USD Green Bond ETF Trading Down 0.6 %
NASDAQ BGRN traded down $0.27 during trading on Monday, reaching $46.27. 19,409 shares of the company’s stock were exchanged, compared to its average volume of 24,202. iShares USD Green Bond ETF has a fifty-two week low of $44.18 and a fifty-two week high of $47.36. The company’s fifty day simple moving average is $46.44 and its 200-day simple moving average is $46.63.
iShares USD Green Bond ETF Announces Dividend
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.
Featured Stories
- Five stocks we like better than iShares USD Green Bond ETF
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- Profitably Trade Stocks at 52-Week Highs
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- Best Stocks Under $5.00
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Receive News & Ratings for iShares USD Green Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares USD Green Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.