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

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

iShares ESG Aware U.S. Aggregate Bond ETF Trading Up 0.3%

Shares of NYSEARCA:EAGG traded up $0.12 during trading on Monday, reaching $46.79. 216,784 shares of the stock traded hands, compared to its average volume of 385,229. iShares ESG Aware U.S. Aggregate Bond ETF has a 52-week low of $46.58 and a 52-week high of $48.60. The stock has a 50-day moving average of $47.15 and a two-hundred day moving average of $47.57.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in EAGG. NewEdge Advisors LLC lifted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 19.0% during the second 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 increased its position in iShares ESG Aware U.S. Aggregate Bond ETF by 4.5% during the 2nd quarter. Captrust Financial Advisors now owns 62,354 shares of the company’s stock valued at $2,964,000 after purchasing an additional 2,659 shares during the period. Flow Traders U.S. LLC bought a new position in iShares ESG Aware U.S. Aggregate Bond ETF in the third quarter worth approximately $1,533,000. Integrated Wealth Concepts LLC lifted its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 5.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 32,774 shares of the company’s stock worth $1,574,000 after purchasing an additional 1,828 shares during the last quarter. Finally, Hilltop Partners LLC raised its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 17.7% during the 3rd quarter. Hilltop Partners LLC now owns 13,552 shares of the company’s stock worth $651,000 after acquiring an additional 2,040 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.