iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Hits New 12-Month Low – Here’s What Happened

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) reached a new 52-week low on Friday . The company traded as low as $46.58 and last traded at $46.59, with a volume of 103932 shares. The stock had previously closed at $46.75.

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

The firm’s fifty day moving average price is $47.13 and its 200-day moving average price is $47.53.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Mallini Complete Financial Planning LLC raised its position in iShares ESG Aware U.S. Aggregate Bond ETF by 1.2% in the second quarter. Mallini Complete Financial Planning LLC now owns 64,694 shares of the company’s stock valued at $3,067,000 after purchasing an additional 752 shares during the last quarter. CX Institutional boosted its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 24.2% during the second quarter. CX Institutional now owns 64,181 shares of the company’s stock valued at $3,043,000 after purchasing an additional 12,523 shares in the last quarter. Farmers National Bank grew its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 6.5% during the first quarter. Farmers National Bank now owns 6,614 shares of the company’s stock worth $314,000 after purchasing an additional 401 shares during the last quarter. FinArc Investments Inc. bought a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the first quarter worth about $720,000. Finally, Financial Avengers Inc. acquired a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the first quarter valued at approximately $35,000.

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.