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

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 3,900 shares, a decrease of 77.7% from the February 28th total of 17,500 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 28,000 shares, the days-to-cover ratio is presently 0.1 days.

iShares USD Green Bond ETF Stock Up 0.3 %

Shares of iShares USD Green Bond ETF stock opened at $47.21 on Friday. The company has a 50 day moving average price of $47.00 and a 200 day moving average price of $47.23. iShares USD Green Bond ETF has a 52 week low of $45.73 and a 52 week high of $48.54.

iShares USD Green Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1663 per share. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On iShares USD Green Bond ETF

Several hedge funds have recently made changes to their positions in BGRN. Franklin Resources Inc. grew its stake in 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 during the last quarter. Omega Financial Group LLC lifted its holdings in shares of iShares USD Green Bond ETF by 1.6% during the fourth quarter. Omega Financial Group LLC now owns 16,333 shares of the company’s stock worth $761,000 after purchasing an additional 262 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in shares of iShares USD Green Bond ETF by 1.7% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 16,301 shares of the company’s stock worth $760,000 after purchasing an additional 276 shares during the period. Summit Investment Advisors Inc. boosted its position in 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 valued at $415,000 after buying an additional 290 shares during the last quarter. Finally, Sachetta LLC increased its holdings in iShares USD Green Bond ETF by 19.4% in the 4th quarter. Sachetta LLC now owns 2,370 shares of the company’s stock worth $110,000 after buying an additional 385 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.