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

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) shares saw unusually-high 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 Trading Down 0.2%

The firm has a fifty day simple moving average of $47.04 and a 200-day simple moving average of $46.92.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC increased its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 25.4% in the first quarter. Integrated Wealth Concepts LLC now owns 22,740 shares of the company’s stock valued at $1,080,000 after buying an additional 4,608 shares during the last quarter. Gen Wealth Partners Inc acquired a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the 1st quarter worth approximately $35,000. EverSource Wealth Advisors LLC increased its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 29.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 19,445 shares of the company’s stock valued at $923,000 after acquiring an additional 4,418 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 5.4% during the first quarter. JPMorgan Chase & Co. now owns 7,428,739 shares of the company’s stock worth $352,717,000 after purchasing an additional 382,281 shares during the last quarter. Finally, Greykasell Wealth Strategies Inc. acquired a new position in iShares ESG Aware U.S. Aggregate Bond ETF in the first quarter worth $36,000.

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.