iShares USD Green Bond ETF (NASDAQ:BGRN) Stock Short Interest Report for September

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 4,335 shares, a decline of 59.5% from the September 15th total of 10,704 shares. Based on an average daily trading volume, of 47,694 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

iShares USD Green Bond ETF Stock Performance

Shares of BGRN stock traded down $0.07 during trading on Wednesday, hitting $45.62. The company’s stock had a trading volume of 5,057 shares, compared to its average volume of 32,375. The business has a fifty day moving average of $46.38 and a 200-day moving average of $47.00. iShares USD Green Bond ETF has a 52 week low of $45.38 and a 52 week high of $48.52.

iShares USD Green Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.1742 dividend. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.1679. This represents a $2.09 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, September 1st.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Robinswood Financial LLC purchased a new stake in iShares USD Green Bond ETF during the first quarter worth about $31,000. Hickory Point Bank & Trust bought a new stake in iShares USD Green Bond ETF in the third quarter worth about $50,000. Farther Finance Advisors LLC raised its position in iShares USD Green Bond ETF by 139.1% in the third quarter. Farther Finance Advisors LLC now owns 2,307 shares of the company’s stock worth $105,000 after acquiring an additional 1,342 shares during the period. Integrated Wealth Concepts LLC purchased a new position in iShares USD Green Bond ETF in the second quarter valued at about $107,000. Finally, Continuum Advisory LLC purchased a new position in iShares USD Green Bond ETF in the first quarter valued at about $213,000.

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. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.