Short Interest in iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Rises By 208.0%

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,875,484 shares, a growth of 208.0% from the May 14th total of 608,834 shares. Based on an average daily volume of 724,658 shares, the days-to-cover ratio is currently 2.6 days. Currently, 1.9% of the company’s stock are sold short.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Up 0.6%

Shares of NYSEARCA EAGG opened at $47.33 on Friday. The business has a 50-day moving average of $47.39 and a two-hundred day moving average of $47.75. iShares ESG Aware U.S. Aggregate Bond ETF has a 1 year low of $46.71 and a 1 year high of $48.60.

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

Institutional investors have recently bought and sold shares of the business. Alpine Bank Wealth Management lifted its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 89.6% during the 4th quarter. Alpine Bank Wealth Management now owns 58,110 shares of the company’s stock worth $2,781,000 after buying an additional 27,464 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 4.3% during the third quarter. JPMorgan Chase & Co. now owns 8,025,280 shares of the company’s stock worth $385,454,000 after purchasing an additional 332,157 shares in the last quarter. Rossby Financial LCC raised its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 44.2% during the third quarter. Rossby Financial LCC now owns 41,438 shares of the company’s stock worth $1,989,000 after purchasing an additional 12,693 shares in the last quarter. eCIO Inc. raised its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 25.7% during the third quarter. eCIO Inc. now owns 171,213 shares of the company’s stock worth $8,223,000 after purchasing an additional 34,981 shares in the last quarter. Finally, Heartland Bank & Trust Co acquired a new stake in iShares ESG Aware U.S. Aggregate Bond ETF during the fourth quarter worth approximately $884,000.

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.