Short Interest in iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Decreases By 76.8%

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 289,075 shares, a decline of 76.8% from the June 30th total of 1,248,321 shares. Based on an average trading volume of 385,959 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares ESG Aware U.S. Aggregate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its stake in 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. Captrust Financial Advisors grew its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 4.5% during the second quarter. Captrust Financial Advisors now owns 62,354 shares of the company’s stock worth $2,964,000 after buying an additional 2,659 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the third quarter worth $1,533,000. Integrated Wealth Concepts LLC increased its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 5.9% during the third quarter. Integrated Wealth Concepts LLC now owns 32,774 shares of the company’s stock worth $1,574,000 after buying an additional 1,828 shares in the last quarter. Finally, Hilltop Partners LLC increased its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 17.7% during the third quarter. Hilltop Partners LLC now owns 13,552 shares of the company’s stock worth $651,000 after buying an additional 2,040 shares in the last quarter.

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

Shares of NYSEARCA EAGG opened at $46.67 on Friday. iShares ESG Aware U.S. Aggregate Bond ETF has a 12 month low of $46.58 and a 12 month high of $48.60. The stock has a 50-day moving average price of $47.15 and a two-hundred day moving average price of $47.57.

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.