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

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw unusually-high trading volume on Thursday . Approximately 1,053,770 shares changed hands during trading, an increase of 271% from the previous session’s volume of 284,415 shares.The stock last traded at $47.40 and had previously closed at $47.45.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Down 0.1 %

The firm’s fifty day moving average is $46.57 and its two-hundred day moving average is $47.35.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC lifted its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 19.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,030 shares of the company’s stock worth $487,000 after purchasing an additional 1,659 shares in the last quarter. Bear Mountain Capital Inc. lifted its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 2.5% in the third quarter. Bear Mountain Capital Inc. now owns 53,671 shares of the company’s stock worth $2,570,000 after buying an additional 1,315 shares in the last quarter. Spinnaker Trust boosted its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 7.3% during the third quarter. Spinnaker Trust now owns 15,161 shares of the company’s stock valued at $737,000 after buying an additional 1,028 shares during the last quarter. Mascoma Wealth Management LLC boosted its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 15.1% during the third quarter. Mascoma Wealth Management LLC now owns 164,385 shares of the company’s stock valued at $7,987,000 after buying an additional 21,552 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 55.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 3,021 shares of the company’s stock valued at $147,000 after buying an additional 1,076 shares in the last quarter.

About iShares ESG Aware U.S. Aggregate Bond ETF

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.