iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Sees Large Volume Increase – Here’s What Happened

Shares of iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw strong trading volume on Friday . 304,106 shares traded hands during mid-day trading, a decline of 3% from the previous session’s volume of 312,681 shares.The stock last traded at $46.90 and had previously closed at $46.88.

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

The firm’s 50 day moving average is $47.76 and its two-hundred day moving average is $47.38.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Mascoma Wealth Management LLC raised its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 15.1% during the 3rd quarter. Mascoma Wealth Management LLC now owns 164,385 shares of the company’s stock worth $7,987,000 after buying an additional 21,552 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 10.0% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 172,620 shares of the company’s stock worth $8,046,000 after purchasing an additional 15,624 shares during the period. Bank of New York Mellon Corp raised its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 3.0% during the second quarter. Bank of New York Mellon Corp now owns 512,965 shares of the company’s stock worth $23,909,000 after purchasing an additional 15,080 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 3,168.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 14,219 shares of the company’s stock valued at $676,000 after purchasing an additional 13,784 shares during the period. Finally, Partnership Wealth Management LLC acquired a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $593,000.

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.