iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Sees Unusually-High Trading Volume

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw unusually-high trading volume on Tuesday . Approximately 418,938 shares changed hands during mid-day trading, an increase of 33% from the previous session’s volume of 314,937 shares.The stock last traded at $48.62 and had previously closed at $48.44.

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

The business has a 50-day moving average price of $48.16 and a 200-day moving average price of $47.10.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EAGG. GPS Wealth Strategies Group LLC purchased a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the second quarter worth $38,000. ORG Partners LLC acquired a new stake in iShares ESG Aware U.S. Aggregate Bond ETF in the 2nd quarter valued at about $48,000. BNP Paribas Financial Markets lifted its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 39.0% in the 1st quarter. BNP Paribas Financial Markets now owns 1,507 shares of the company’s stock worth $71,000 after purchasing an additional 423 shares in the last quarter. Continuum Advisory LLC boosted its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 20.2% during the 2nd quarter. Continuum Advisory LLC now owns 3,148 shares of the company’s stock worth $147,000 after purchasing an additional 530 shares during the last quarter. Finally, Fairview Capital Investment Management LLC grew its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 28.1% in the first quarter. Fairview Capital Investment Management LLC now owns 5,700 shares of the company’s stock valued at $268,000 after purchasing an additional 1,250 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.