iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Update

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 1,503,796 shares, an increase of 233.8% from the February 26th total of 450,457 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 455,888 shares, the short-interest ratio is currently 3.3 days. Based on an average daily volume of 455,888 shares, the short-interest ratio is currently 3.3 days. Approximately 1.6% of the company’s shares are short sold.

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

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 3.6% in the second quarter. JPMorgan Chase & Co. now owns 7,693,123 shares of the company’s stock worth $365,731,000 after acquiring an additional 264,384 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in iShares ESG Aware U.S. Aggregate Bond ETF during the second quarter worth approximately $88,000. EverSource Wealth Advisors LLC raised its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 4.3% during the second quarter. EverSource Wealth Advisors LLC now owns 20,273 shares of the company’s stock worth $964,000 after purchasing an additional 828 shares during the period. Baird Financial Group Inc. raised its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 1.4% during the second quarter. Baird Financial Group Inc. now owns 319,146 shares of the company’s stock worth $15,172,000 after purchasing an additional 4,284 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 19.0% in the 2nd quarter. NewEdge Advisors LLC now owns 77,690 shares of the company’s stock valued at $3,693,000 after purchasing an additional 12,394 shares during the last quarter.

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

Shares of NYSEARCA:EAGG traded up $0.18 during trading on Wednesday, reaching $47.49. The stock had a trading volume of 210,756 shares, compared to its average volume of 423,408. The business has a fifty day moving average price of $47.99 and a 200-day moving average price of $48.03. iShares ESG Aware U.S. Aggregate Bond ETF has a fifty-two week low of $46.14 and a fifty-two week high of $48.60.

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.