iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Down 77.7% in March

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,900 shares, a decrease of 77.7% from the February 28th total of 17,500 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 28,000 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares USD Green Bond ETF

A number of large investors have recently bought and sold shares of the stock. XY Planning Network Inc. purchased a new stake in shares of iShares USD Green Bond ETF during the 4th quarter worth about $239,000. Francis Financial Inc. lifted its stake in shares of iShares USD Green Bond ETF by 0.8% during the fourth quarter. Francis Financial Inc. now owns 345,030 shares of the company’s stock worth $16,085,000 after purchasing an additional 2,614 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of iShares USD Green Bond ETF by 14.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 604,440 shares of the company’s stock worth $28,179,000 after buying an additional 77,385 shares during the period. Betterment LLC grew its stake 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 buying an additional 76,909 shares in the last quarter. Finally, Stifel Financial Corp purchased a new stake in shares of iShares USD Green Bond ETF during the 4th quarter valued at about $204,000.

iShares USD Green Bond ETF Stock Performance

BGRN stock opened at $47.05 on Friday. iShares USD Green Bond ETF has a 52-week low of $45.73 and a 52-week high of $48.54. The stock’s fifty day simple moving average is $46.99 and its 200-day simple moving average is $47.24.

iShares USD Green Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1663 per share. The ex-dividend date was Monday, March 3rd.

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.