iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Shares Up 0.2% – Here’s Why

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) rose 0.2% during mid-day trading on Tuesday . The company traded as high as $47.96 and last traded at $47.96. Approximately 322,723 shares were traded during trading, a decline of 4% from the average daily volume of 336,347 shares. The stock had previously closed at $47.86.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Performance

The firm has a 50 day simple moving average of $48.12 and a two-hundred day simple moving average of $47.68.

Hedge Funds Weigh In On iShares ESG Aware U.S. Aggregate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in EAGG. Janney Montgomery Scott LLC lifted its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 64.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 63,893 shares of the company’s stock valued at $3,037,000 after buying an additional 24,998 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 19.4% during the 2nd quarter. Parallel Advisors LLC now owns 17,293 shares of the company’s stock worth $822,000 after buying an additional 2,804 shares during the period. Rossby Financial LCC raised its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 111.5% during the second quarter. Rossby Financial LCC now owns 28,745 shares of the company’s stock valued at $1,367,000 after acquiring an additional 15,156 shares during the last quarter. Spinnaker Trust lifted its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 4.1% in the 2nd quarter. Spinnaker Trust now owns 16,402 shares of the company’s stock worth $780,000 after purchasing an additional 644 shares in the last quarter. Finally, Duncan Williams Asset Management LLC acquired a new position in iShares ESG Aware U.S. Aggregate Bond ETF in the 2nd quarter valued at about $228,000.

iShares ESG Aware U.S. Aggregate Bond ETF Company Profile

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.