iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Up 200.0% in December

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 28,500 shares, a growth of 200.0% from the December 15th total of 9,500 shares. Based on an average daily volume of 23,300 shares, the short-interest ratio is currently 1.2 days.

iShares USD Green Bond ETF Stock Up 0.6 %

Shares of BGRN traded up $0.28 during mid-day trading on Wednesday, hitting $46.59. The company’s stock had a trading volume of 20,092 shares, compared to its average volume of 20,077. iShares USD Green Bond ETF has a 1-year low of $45.73 and a 1-year high of $48.54. The firm has a 50-day simple moving average of $46.97 and a 200 day simple moving average of $47.37.

iShares USD Green Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.1676 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $2.01 dividend on an annualized basis and a yield of 4.32%. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.16.

Institutional Investors Weigh In On iShares USD Green Bond ETF

Several institutional investors have recently made changes to their positions in BGRN. Envestnet Asset Management Inc. lifted its stake in shares of iShares USD Green Bond ETF by 16.0% in the second quarter. Envestnet Asset Management Inc. now owns 504,187 shares of the company’s stock valued at $23,465,000 after purchasing an additional 69,552 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in shares of iShares USD Green Bond ETF by 17.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 421,688 shares of the company’s stock valued at $19,625,000 after acquiring an additional 63,874 shares during the period. Creative Planning raised its stake in shares of iShares USD Green Bond ETF by 18.1% during the 2nd quarter. Creative Planning now owns 113,001 shares of the company’s stock worth $5,259,000 after buying an additional 17,308 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of iShares USD Green Bond ETF by 2.1% in the 2nd quarter. Cetera Investment Advisers now owns 93,948 shares of the company’s stock worth $4,372,000 after buying an additional 1,923 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in iShares USD Green Bond ETF in the 2nd quarter valued at about $207,000.

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.