Short Interest in iShares USD Green Bond ETF (NASDAQ:BGRN) Expands By 50.2%

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 43,221 shares, a growth of 50.2% from the December 15th total of 28,785 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 24,378 shares, the short-interest ratio is currently 1.8 days. Based on an average daily trading volume, of 24,378 shares, the short-interest ratio is currently 1.8 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Trading of iShares USD Green Bond ETF

A number of hedge funds have recently bought and sold shares of the company. Empower Advisory Group LLC lifted its position in shares of iShares USD Green Bond ETF by 1.1% in the second quarter. Empower Advisory Group LLC now owns 1,062,274 shares of the company’s stock worth $50,639,000 after purchasing an additional 11,848 shares in the last quarter. Falcon Wealth Planning grew its stake in iShares USD Green Bond ETF by 32.5% in the second quarter. Falcon Wealth Planning now owns 15,399 shares of the company’s stock valued at $734,000 after purchasing an additional 3,777 shares in the last quarter. Financial Connections Group Inc. purchased a new position in iShares USD Green Bond ETF in the second quarter valued at about $49,000. Wealthfront Advisers LLC increased its position in iShares USD Green Bond ETF by 26.3% in the 2nd quarter. Wealthfront Advisers LLC now owns 24,602 shares of the company’s stock worth $1,173,000 after purchasing an additional 5,130 shares during the last quarter. Finally, Creative Planning raised its stake in shares of iShares USD Green Bond ETF by 11.5% during the 2nd quarter. Creative Planning now owns 141,099 shares of the company’s stock worth $6,726,000 after purchasing an additional 14,560 shares in the last quarter.

iShares USD Green Bond ETF Stock Performance

Shares of BGRN traded down $0.07 during trading hours on Friday, hitting $47.99. 40,971 shares of the company were exchanged, compared to its average volume of 28,297. The firm has a fifty day simple moving average of $48.02 and a 200-day simple moving average of $47.93. iShares USD Green Bond ETF has a one year low of $46.15 and a one year high of $48.52.

iShares USD Green Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.1698 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.17.

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.