VanEck Green Bond ETF (NYSEARCA:GRNB) Shares Pass Above 200-Day Moving Average – Here’s Why

VanEck Green Bond ETF (NYSEARCA:GRNB) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $24.00 and traded as high as $24.15. VanEck Green Bond ETF shares last traded at $24.08, with a volume of 19,828 shares changing hands.

VanEck Green Bond ETF Stock Performance

The firm has a 50-day moving average price of $24.16 and a two-hundred day moving average price of $24.00.

Institutional Trading of VanEck Green Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GRNB. Allworth Financial LP boosted its holdings in shares of VanEck Green Bond ETF by 125.5% in the 3rd quarter. Allworth Financial LP now owns 1,159 shares of the financial services provider’s stock valued at $28,000 after buying an additional 645 shares in the last quarter. Aptus Capital Advisors LLC purchased a new stake in VanEck Green Bond ETF in the third quarter valued at $29,000. Larson Financial Group LLC acquired a new position in VanEck Green Bond ETF in the second quarter valued at $71,000. CWC Advisors LLC. acquired a new position in VanEck Green Bond ETF in the third quarter valued at $247,000. Finally, American Financial & Tax Strategies Inc. acquired a new stake in shares of VanEck Green Bond ETF during the second quarter worth about $276,000.

About VanEck Green Bond ETF

Green Bankshares, Inc (Green Bankshares) is a bank holding company. Prior to September 7, 2011, Green Bankshares conducted its business primarily through its wholly owned subsidiary, GreenBank (the Bank). On September 7, 2011, the Bank merged with and into Capital Bank, National Association (Capital Bank, NA), a subsidiary of Capital Bank Financial Corp.