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 large decline in short interest in February. As of February 15th, there was short interest totalling 4,800 shares, a decline of 54.3% from the January 31st total of 10,500 shares. Based on an average daily volume of 25,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares USD Green Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Seeds Investor LLC acquired a new position in shares of iShares USD Green Bond ETF during the fourth quarter valued at about $5,100,000. Mercer Global Advisors Inc. ADV grew its stake in iShares USD Green Bond ETF by 14.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 604,440 shares of the company’s stock valued at $28,179,000 after purchasing an additional 77,385 shares during the last quarter. Betterment LLC increased its holdings in shares of iShares USD Green Bond ETF by 6.3% in the fourth quarter. Betterment LLC now owns 1,293,055 shares of the company’s stock valued at $60,282,000 after purchasing an additional 76,909 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares USD Green Bond ETF by 8.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 639,128 shares of the company’s stock worth $29,796,000 after purchasing an additional 48,269 shares during the last quarter. Finally, Empower Advisory Group LLC lifted its holdings in shares of iShares USD Green Bond ETF by 4.9% during the fourth quarter. Empower Advisory Group LLC now owns 1,001,894 shares of the company’s stock worth $46,708,000 after purchasing an additional 47,154 shares during the period.

iShares USD Green Bond ETF Stock Performance

Shares of NASDAQ BGRN opened at $47.48 on Friday. 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 company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors 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 positive change from iShares USD Green Bond ETF’s previous dividend of $0.16.

About iShares USD Green Bond ETF

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.