iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Sees Strong Trading Volume – Time to Buy?

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) shares saw strong trading volume on Wednesday . 587,776 shares traded hands during trading, an increase of 62% from the previous session’s volume of 361,819 shares.The stock last traded at $47.46 and had previously closed at $47.30.

iShares ESG Aware U.S. Aggregate Bond ETF Trading Up 0.4%

The stock’s fifty day moving average price is $47.73 and its 200-day moving average price is $47.94.

Institutional Trading of iShares ESG Aware U.S. Aggregate Bond ETF

Several large investors have recently bought and sold shares of EAGG. NewEdge Advisors LLC boosted its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 19.0% during the 2nd quarter. NewEdge Advisors LLC now owns 77,690 shares of the company’s stock worth $3,693,000 after purchasing an additional 12,394 shares during the last quarter. Captrust Financial Advisors grew its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 4.5% in the second quarter. Captrust Financial Advisors now owns 62,354 shares of the company’s stock valued at $2,964,000 after purchasing an additional 2,659 shares in the last quarter. Motco increased its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 12.7% in the third quarter. Motco now owns 2,124 shares of the company’s stock valued at $102,000 after purchasing an additional 239 shares during the last quarter. CX Institutional lifted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 2.7% during the third quarter. CX Institutional now owns 40,478 shares of the company’s stock worth $1,944,000 after buying an additional 1,054 shares in the last quarter. Finally, Bogart Wealth LLC lifted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 6.0% during the third quarter. Bogart Wealth LLC now owns 41,403 shares of the company’s stock worth $1,989,000 after buying an additional 2,341 shares in the last quarter.

About iShares ESG Aware U.S. Aggregate Bond ETF

The iShares ESG U.S. Aggregate Bond ETF (EAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated bonds from issuers evaluated for favorable ESG practices. EAGG was launched on Oct 18, 2018 and is managed by BlackRock.