iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Reaches New 52-Week Low – Here’s What Happened

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) shares reached a new 52-week low during trading on Friday . The stock traded as low as $42.73 and last traded at $42.74, with a volume of 20114 shares. The stock had previously closed at $42.87.

iShares ESG Advanced Total USD Bond Market ETF Stock Down 0.2%

The business’s 50 day moving average is $43.21 and its two-hundred day moving average is $43.56.

Hedge Funds Weigh In On iShares ESG Advanced Total USD Bond Market ETF

Several hedge funds have recently made changes to their positions in EUSB. Balance Wealth LLC raised its stake in shares of iShares ESG Advanced Total USD Bond Market ETF by 7.0% during the 1st quarter. Balance Wealth LLC now owns 5,266 shares of the company’s stock valued at $229,000 after purchasing an additional 344 shares during the period. Rossby Financial LCC grew its holdings in iShares ESG Advanced Total USD Bond Market ETF by 5.7% during the 4th quarter. Rossby Financial LCC now owns 6,701 shares of the company’s stock valued at $294,000 after buying an additional 362 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in iShares ESG Advanced Total USD Bond Market ETF by 2.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,669 shares of the company’s stock valued at $732,000 after buying an additional 437 shares in the last quarter. Triumph Capital Management bought a new stake in shares of iShares ESG Advanced Total USD Bond Market ETF during the third quarter valued at about $27,000. Finally, Whitegate Investment Counselors Inc. increased its position in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.2% during the first quarter. Whitegate Investment Counselors Inc. now owns 6,018 shares of the company’s stock valued at $262,000 after buying an additional 839 shares during the period.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.