VanEck Green Bond ETF (NYSEARCA:GRNB) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

VanEck Green Bond ETF (NYSEARCA:GRNB)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $24.32 and traded as high as $24.46. VanEck Green Bond ETF shares last traded at $24.43, with a volume of 14,918 shares traded.

VanEck Green Bond ETF Stock Performance

The business’s fifty day moving average price is $24.43 and its 200-day moving average price is $24.32. The stock has a market cap of $153.91 million, a PE ratio of -35.93 and a beta of 0.24.

Institutional Investors Weigh In On VanEck Green Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PFG Investments LLC raised its stake in VanEck Green Bond ETF by 0.6% during the 3rd quarter. PFG Investments LLC now owns 538,790 shares of the financial services provider’s stock valued at $13,163,000 after buying an additional 3,410 shares during the last quarter. Rossby Financial LCC grew its holdings in shares of VanEck Green Bond ETF by 15.7% in the third quarter. Rossby Financial LCC now owns 280,710 shares of the financial services provider’s stock worth $6,851,000 after acquiring an additional 38,079 shares during the period. rebel Financial LLC purchased a new stake in VanEck Green Bond ETF during the second quarter valued at $5,208,000. Financial Engines Advisors L.L.C. increased its position in VanEck Green Bond ETF by 6.2% during the third 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 last quarter. Finally, UBS Group AG lifted its holdings in VanEck Green Bond ETF by 3.1% in the third quarter. UBS Group AG now owns 77,308 shares of the financial services provider’s stock valued at $1,889,000 after acquiring an additional 2,348 shares during the period. Hedge funds and other institutional investors own 1.77% of the company’s stock.

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. (CBF). CBF owns approximately 90% interest of the Company. As of December 31, 2011, the Company’s net investment of $315.3 million in Capital Bank, NA.