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 target of a large 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. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 385,959 shares, the days-to-cover ratio is currently 0.7 days.

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

iShares ESG Aware U.S. Aggregate Bond ETF stock traded up $0.05 during trading on Friday, reaching $46.67. The company had a trading volume of 223,946 shares, compared to its average volume of 386,615. The firm’s 50-day simple moving average is $47.15 and its 200 day simple moving average is $47.57. iShares ESG Aware U.S. Aggregate Bond ETF has a 1-year low of $46.58 and a 1-year high of $48.60.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. VSM Wealth Advisory LLC increased its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 917.6% during the fourth quarter. VSM Wealth Advisory LLC now owns 692 shares of the company’s stock worth $33,000 after purchasing an additional 624 shares in the last quarter. Hollencrest Capital Management purchased a new position in iShares ESG Aware U.S. Aggregate Bond ETF in the 1st quarter valued at about $35,000. Financial Avengers Inc. purchased a new position in iShares ESG Aware U.S. Aggregate Bond ETF in the 1st quarter valued at about $35,000. Triumph Capital Management acquired a new stake in iShares ESG Aware U.S. Aggregate Bond ETF in the 3rd quarter worth about $51,000. Finally, Arax Advisory Partners acquired a new stake in iShares ESG Aware U.S. Aggregate Bond ETF in the 4th quarter worth about $66,000.

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.