VanEck Green Bond ETF (NYSEARCA:GRNB) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

VanEck Green Bond ETF (NYSEARCA:GRNB)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $24.04 and traded as high as $24.10. VanEck Green Bond ETF shares last traded at $24.01, with a volume of 13,944 shares trading hands.

VanEck Green Bond ETF Price Performance

The business’s 50 day moving average is $24.07 and its 200 day moving average is $24.04.

Institutional Investors Weigh In On VanEck Green Bond ETF

Several hedge funds have recently bought and sold shares of GRNB. PFG Investments LLC boosted its stake in shares of VanEck Green Bond ETF by 1.8% during the 2nd quarter. PFG Investments LLC now owns 228,875 shares of the financial services provider’s stock valued at $5,409,000 after buying an additional 4,060 shares during the period. Larson Financial Group LLC purchased a new position in VanEck Green Bond ETF in the second quarter valued at about $71,000. Nottingham Advisors Inc. increased its position in VanEck Green Bond ETF by 10.0% in the 3rd quarter. Nottingham Advisors Inc. now owns 15,679 shares of the financial services provider’s stock worth $385,000 after purchasing an additional 1,431 shares during the last quarter. Creative Planning raised its stake in shares of VanEck Green Bond ETF by 16.5% during the 3rd quarter. Creative Planning now owns 13,039 shares of the financial services provider’s stock worth $320,000 after purchasing an additional 1,845 shares in the last quarter. Finally, American Financial & Tax Strategies Inc. acquired a new stake in shares of VanEck Green Bond ETF during the 2nd quarter valued at about $276,000.

VanEck Green Bond ETF Company Profile

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.