iShares USD Green Bond ETF (NASDAQ:BGRN – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 779 shares, a decrease of 82.0% from the September 30th total of 4,335 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 61,933 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Trading of iShares USD Green Bond ETF
A number of large investors have recently made changes to their positions in the stock. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new position in shares of iShares USD Green Bond ETF in the 2nd quarter worth $25,252,000. Bank of America Corp DE lifted its holdings in 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 valued at $19,886,000 after acquiring an additional 73,909 shares during the period. Royal Bank of Canada lifted its holdings in iShares USD Green Bond ETF by 2.5% in the first quarter. Royal Bank of Canada now owns 256,841 shares of the company’s stock valued at $12,193,000 after acquiring an additional 6,348 shares during the period. Impact Investors Inc boosted its position in 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 purchasing an additional 16,888 shares during the last quarter. Finally, Atomic Invest LLC boosted its position in iShares USD Green Bond ETF by 2,991.3% in the second quarter. Atomic Invest LLC now owns 133,296 shares of the company’s stock worth $6,352,000 after purchasing an additional 128,984 shares during the last quarter.
iShares USD Green Bond ETF Price Performance
Shares of NASDAQ BGRN traded up $0.02 during midday trading on Tuesday, hitting $46.12. 7,018 shares of the company traded hands, compared to its average volume of 33,518. The stock has a 50-day moving average price of $46.23 and a 200 day moving average price of $47.20. iShares USD Green Bond ETF has a 12-month low of $45.38 and a 12-month high of $48.51.
iShares USD Green Bond ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.1742 per share. The ex-dividend date was Tuesday, September 1st. This is a positive change 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 4.5%.
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.
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