iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Up 69.1% in December

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 28,785 shares, a growth of 69.1% from the November 30th total of 17,021 shares. Based on an average trading volume of 23,195 shares, the short-interest ratio is presently 1.2 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 23,195 shares, the short-interest ratio is presently 1.2 days.

iShares USD Green Bond ETF Stock Up 0.1%

Shares of NASDAQ BGRN opened at $47.99 on Monday. iShares USD Green Bond ETF has a 12 month low of $46.15 and a 12 month high of $48.52. The business has a fifty day simple moving average of $48.10 and a 200-day simple moving average of $47.86.

iShares USD Green Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.1698 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost from iShares USD Green Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Investors Weigh In On iShares USD Green Bond ETF

Institutional investors have recently bought and sold shares of the business. Betterment LLC increased its holdings in shares of iShares USD Green Bond ETF by 2.2% in the 1st quarter. Betterment LLC now owns 1,321,558 shares of the company’s stock valued at $62,589,000 after purchasing an additional 28,503 shares during the period. Royal Bank of Canada grew its position in iShares USD Green Bond ETF by 1.0% during the first quarter. Royal Bank of Canada now owns 217,330 shares of the company’s stock valued at $10,293,000 after purchasing an additional 2,217 shares in the last quarter. Aprio Wealth Management LLC lifted its position in iShares USD Green Bond ETF by 4.4% in the 1st quarter. Aprio Wealth Management LLC now owns 13,518 shares of the company’s stock worth $640,000 after buying an additional 574 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares USD Green Bond ETF by 26.8% during the 1st quarter. NewEdge Advisors LLC now owns 10,610 shares of the company’s stock valued at $502,000 after buying an additional 2,242 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of iShares USD Green Bond ETF during the 1st quarter valued at $1,394,000.

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