Short Interest in iShares USD Green Bond ETF (NASDAQ:BGRN) Expands By 200.0%

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 28,500 shares, an increase of 200.0% from the December 15th total of 9,500 shares. Based on an average trading volume of 23,300 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On iShares USD Green Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its position in iShares USD Green Bond ETF by 16.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 504,187 shares of the company’s stock worth $23,465,000 after purchasing an additional 69,552 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in iShares USD Green Bond ETF by 17.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 421,688 shares of the company’s stock worth $19,625,000 after purchasing an additional 63,874 shares during the last quarter. Creative Planning increased its stake in shares of iShares USD Green Bond ETF by 18.1% in the second quarter. Creative Planning now owns 113,001 shares of the company’s stock worth $5,259,000 after buying an additional 17,308 shares during the last quarter. Francis Financial Inc. grew its holdings in iShares USD Green Bond ETF by 4.9% during the 3rd quarter. Francis Financial Inc. now owns 342,416 shares of the company’s stock worth $16,552,000 after acquiring an additional 16,104 shares in the last quarter. Finally, Pathstone Holdings LLC increased its position in shares of iShares USD Green Bond ETF by 33.2% in the 3rd quarter. Pathstone Holdings LLC now owns 36,187 shares of the company’s stock worth $1,749,000 after purchasing an additional 9,014 shares during the last quarter.

iShares USD Green Bond ETF Stock Performance

NASDAQ:BGRN opened at $46.26 on Tuesday. iShares USD Green Bond ETF has a 12-month low of $45.73 and a 12-month high of $48.54. The company’s 50-day moving average is $46.99 and its two-hundred day moving average is $47.37.

iShares USD Green Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1676 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.16. This represents a $2.01 annualized dividend and a yield of 4.35%.

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.