VanEck Green Bond ETF (NYSEARCA:GRNB) Stock Passes Above 200 Day Moving Average – Here’s What Happened

by · The Cerbat Gem

VanEck Green Bond ETF (NYSEARCA:GRNB – Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $24.25 and traded as high as $24.55. VanEck Green Bond ETF shares last traded at $24.45, with a volume of 21,311 shares traded.

VanEck Green Bond ETF Price Performance

The stock has a market capitalization of $154.04 million, a P/E ratio of -35.96 and a beta of 0.24. The company’s 50 day simple moving average is $24.44 and its two-hundred day simple moving average is $24.26.

Hedge Funds Weigh In On VanEck Green Bond ETF

A number of institutional investors have recently modified their holdings of GRNB. Advisory Services Network LLC bought a new position in VanEck Green Bond ETF in the third quarter valued at about $137,000. Financial Engines Advisors L.L.C. raised its position in shares of VanEck Green Bond ETF by 6.2% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 129,904 shares of the financial services provider’s stock valued at $3,174,000 after acquiring an additional 7,583 shares during the period. Mariner LLC grew its holdings in VanEck Green Bond ETF by 2.3% during the third quarter. Mariner LLC now owns 47,171 shares of the financial services provider’s stock valued at $1,152,000 after purchasing an additional 1,075 shares during the period. Integrated Wealth Concepts LLC raised its stake in VanEck Green Bond ETF by 14.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 15,466 shares of the financial services provider’s stock worth $378,000 after buying an additional 1,992 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of VanEck Green Bond ETF by 3.9% in the third quarter. Bank of America Corp DE now owns 21,056 shares of the financial services provider’s stock worth $514,000 after acquiring an additional 797 shares in the last quarter. 1.77% of the stock is owned by institutional investors.

VanEck Green Bond ETF Company Profile

(Get Free Report)

Green Bankshares, Inc (Green Bankshares) is a bank holding company. Prior to September 7, 2011, Green Bankshares conducted its business primarily through its wholly owned subsidiary, GreenBank (the Bank). On September 7, 2011, the Bank merged with and into Capital Bank, National Association (Capital Bank, NA), a subsidiary of Capital Bank Financial Corp.

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