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 decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,167,235 shares, a decrease of 37.8% from the May 31st total of 1,875,484 shares. Based on an average daily trading volume, of 316,159 shares, the short-interest ratio is currently 3.7 days. Approximately 1.2% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares ESG Aware U.S. Aggregate Bond ETF

Several institutional investors have recently bought and sold shares of EAGG. Olde Wealth Management LLC bought a new position in iShares ESG Aware U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $20,543,000. Ferguson Wellman Capital Management Inc. bought a new stake in iShares ESG Aware U.S. Aggregate Bond ETF during the 1st quarter valued at $17,127,000. Zevin Asset Management LLC purchased a new stake in iShares ESG Aware U.S. Aggregate Bond ETF during the 4th quarter valued at $12,884,000. Bank of New York Mellon Corp boosted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 33.7% during the 1st quarter. Bank of New York Mellon Corp now owns 823,406 shares of the company’s stock valued at $39,153,000 after buying an additional 207,351 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 1.6% during the 4th quarter. JPMorgan Chase & Co. now owns 8,156,611 shares of the company’s stock valued at $390,294,000 after buying an additional 131,331 shares during the period.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Up 0.0%

Shares of NYSEARCA:EAGG traded up $0.02 on Thursday, reaching $47.20. 398,732 shares of the company traded hands, compared to its average volume of 399,915. The business’s 50-day simple moving average is $47.32 and its 200 day simple moving average is $47.68. iShares ESG Aware U.S. Aggregate Bond ETF has a 52 week low of $46.71 and a 52 week high of $48.60.

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.