iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Up 70.8% in March

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 20,500 shares, an increase of 70.8% from the February 29th total of 12,000 shares. Based on an average daily volume of 24,200 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BGRN. Betterment LLC raised its position in shares of iShares USD Green Bond ETF by 3.4% during the third quarter. Betterment LLC now owns 974,909 shares of the company’s stock valued at $43,998,000 after buying an additional 31,771 shares during the last quarter. Empower Advisory Group LLC boosted its holdings in shares of iShares USD Green Bond ETF by 1.7% during the 3rd quarter. Empower Advisory Group LLC now owns 961,142 shares of the company’s stock valued at $43,376,000 after purchasing an additional 15,920 shares during the last quarter. Personal Capital Advisors Corp grew its position in shares of iShares USD Green Bond ETF by 3.6% during the fourth quarter. Personal Capital Advisors Corp now owns 906,103 shares of the company’s stock valued at $41,654,000 after purchasing an additional 31,397 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares USD Green Bond ETF by 14.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 365,966 shares of the company’s stock valued at $17,285,000 after purchasing an additional 46,775 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of iShares USD Green Bond ETF by 14.1% in the second quarter. Jane Street Group LLC now owns 275,229 shares of the company’s stock worth $13,145,000 after buying an additional 33,951 shares in the last quarter.

iShares USD Green Bond ETF Trading Down 0.1 %

iShares USD Green Bond ETF stock traded down $0.05 during mid-day trading on Thursday, hitting $46.89. The stock had a trading volume of 30,292 shares, compared to its average volume of 24,388. The firm’s 50 day moving average is $46.72 and its 200 day moving average is $46.07. iShares USD Green Bond ETF has a one year low of $44.18 and a one year high of $47.49.

iShares USD Green Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were paid a dividend of $0.1483 per share. This represents a $1.78 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend was Friday, March 1st.

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.