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

VanEck Green Bond ETF (NYSEARCA:GRNB)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $24.00 and traded as high as $24.15. VanEck Green Bond ETF shares last traded at $24.08, with a volume of 19,828 shares changing hands.

VanEck Green Bond ETF Stock Performance

The stock has a 50-day moving average price of $24.15 and a 200-day moving average price of $24.00.

Hedge Funds Weigh In On VanEck Green Bond ETF

Institutional investors have recently made changes to their positions in the business. Albion Financial Group UT grew its position in shares of VanEck Green Bond ETF by 1.2% during the second quarter. Albion Financial Group UT now owns 41,038 shares of the financial services provider’s stock worth $970,000 after buying an additional 492 shares in the last quarter. Canandaigua National Bank & Trust Co. bought a new position in shares of VanEck Green Bond ETF during the second quarter worth about $825,000. Larson Financial Group LLC bought a new position in shares of VanEck Green Bond ETF during the second quarter worth about $71,000. PFG Investments LLC lifted its position in shares of VanEck Green Bond ETF by 1.8% during the second quarter. PFG Investments LLC now owns 228,875 shares of the financial services provider’s stock worth $5,409,000 after purchasing an additional 4,060 shares during the last quarter. Finally, American Financial & Tax Strategies Inc. bought a new stake in VanEck Green Bond ETF in the second quarter valued at about $276,000.

About VanEck Green Bond ETF

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.