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

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) was the target of a significant 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. Based on an average daily volume of 455,888 shares, the short-interest ratio is presently 3.3 days. Approximately 1.6% of the company’s stock are short sold. Approximately 1.6% of the company’s stock are short sold. Based on an average daily volume of 455,888 shares, the short-interest ratio is presently 3.3 days.

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

EAGG stock 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 firm 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 1-year low of $46.14 and a 1-year high of $48.60.

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

A number of hedge funds have recently made changes to their positions in EAGG. VSM Wealth Advisory LLC raised its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 917.6% in the 4th quarter. VSM Wealth Advisory LLC now owns 692 shares of the company’s stock valued at $33,000 after purchasing an additional 624 shares in the last quarter. Triumph Capital Management bought a new stake in iShares ESG Aware U.S. Aggregate Bond ETF during the third quarter valued at $51,000. Arax Advisory Partners acquired a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the fourth quarter worth $66,000. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares ESG Aware U.S. Aggregate Bond ETF during the second quarter worth about $88,000. Finally, Motco raised its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 12.7% during the 3rd quarter. Motco now owns 2,124 shares of the company’s stock worth $102,000 after purchasing an additional 239 shares during the period.

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.