iShares USD Green Bond ETF (NASDAQ:BGRN) Shares Shorted: Short Interest Down 59.5% in September

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 4,335 shares, a decline of 59.5% from the September 15th total of 10,704 shares. Based on an average daily trading volume, of 47,694 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Atomic Invest LLC lifted its holdings in shares of iShares USD Green Bond ETF by 2,991.3% during the 2nd quarter. Atomic Invest LLC now owns 133,296 shares of the company’s stock valued at $6,352,000 after buying an additional 128,984 shares during the period. C M Bidwell & Associates Ltd. bought a new stake in shares of iShares USD Green Bond ETF in the second quarter worth $7,864,000. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new stake in shares of iShares USD Green Bond ETF in the second quarter worth $25,252,000. Bank of America Corp DE grew its holdings in shares of iShares USD Green Bond ETF by 21.4% in the first quarter. Bank of America Corp DE now owns 418,909 shares of the company’s stock worth $19,886,000 after acquiring an additional 73,909 shares during the period. Finally, Impact Investors Inc grew its holdings in shares of iShares USD Green Bond ETF by 11.1% in the first quarter. Impact Investors Inc now owns 169,667 shares of the company’s stock worth $8,054,000 after acquiring an additional 16,888 shares during the period.

iShares USD Green Bond ETF Price Performance

BGRN traded up $0.01 during midday trading on Tuesday, hitting $45.70. 6,897 shares of the company traded hands, compared to its average volume of 32,414. The company’s 50-day moving average is $46.41 and its 200 day moving average is $47.01. iShares USD Green Bond ETF has a 52 week low of $45.38 and a 52 week high of $48.52.

iShares USD Green Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a $0.1742 dividend. This is a boost from iShares USD Green Bond ETF’s previous monthly dividend of $0.1679. This represents a $2.09 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Tuesday, September 1st.

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.