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

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw unusually-strong trading volume on Monday . Approximately 462,200 shares changed hands during trading, an increase of 30% from the previous session’s volume of 355,702 shares.The stock last traded at $46.64 and had previously closed at $46.80.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Down 0.2%

The firm’s 50 day moving average is $47.04 and its two-hundred day moving average is $46.92.

Hedge Funds Weigh In On iShares ESG Aware U.S. Aggregate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of EAGG. Motco purchased a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the 4th quarter worth $25,000. Coppell Advisory Solutions LLC lifted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 88.0% during the fourth quarter. Coppell Advisory Solutions LLC now owns 549 shares of the company’s stock worth $26,000 after buying an additional 257 shares during the period. Gen Wealth Partners Inc acquired a new stake in iShares ESG Aware U.S. Aggregate Bond ETF in the 1st quarter worth about $35,000. Greykasell Wealth Strategies Inc. acquired a new stake in iShares ESG Aware U.S. Aggregate Bond ETF in the 1st quarter worth about $36,000. Finally, GPS Wealth Strategies Group LLC increased its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 27.8% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,057 shares of the company’s stock valued at $49,000 after acquiring an additional 230 shares during the last quarter.

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.