iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Down 54.3% in February

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 4,800 shares, a decrease of 54.3% from the January 31st total of 10,500 shares. Based on an average trading volume of 25,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On iShares USD Green Bond ETF

A number of hedge funds have recently modified their holdings of the business. Allworth Financial LP grew its stake in iShares USD Green Bond ETF by 93.2% during the 3rd quarter. Allworth Financial LP now owns 655 shares of the company’s stock valued at $32,000 after acquiring an additional 316 shares in the last quarter. Trust Co. of Vermont acquired a new stake in shares of iShares USD Green Bond ETF in the fourth quarter valued at approximately $78,000. Sachetta LLC lifted its position in iShares USD Green Bond ETF by 19.4% during the fourth quarter. Sachetta LLC now owns 2,370 shares of the company’s stock worth $110,000 after buying an additional 385 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in iShares USD Green Bond ETF during the fourth quarter worth $131,000. Finally, Morton Brown Family Wealth LLC grew its holdings in iShares USD Green Bond ETF by 59.9% in the 4th quarter. Morton Brown Family Wealth LLC now owns 3,298 shares of the company’s stock valued at $154,000 after buying an additional 1,235 shares in the last quarter.

iShares USD Green Bond ETF Stock Performance

Shares of NASDAQ:BGRN traded down $0.14 during trading on Monday, reaching $47.35. The stock had a trading volume of 130,898 shares, compared to its average volume of 29,382. iShares USD Green Bond ETF has a 1-year low of $45.73 and a 1-year high of $48.54. The business has a fifty day moving average price of $46.75 and a 200-day moving average price of $47.33.

iShares USD Green Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1669 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares USD Green Bond ETF’s previous dividend of $0.16.

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.