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

Shares of iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) reached a new 52-week low during trading on Wednesday. The stock traded as low as $42.10 and last traded at $42.10, with a volume of 2857 shares trading hands. The stock had previously closed at $42.27.

iShares ESG Advanced Total USD Bond Market ETF Stock Down 0.5%

The stock’s 50 day moving average price is $42.68 and its two-hundred day moving average price is $43.16.

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

A hedge fund recently raised its position in iShares ESG Advanced Total USD Bond Market ETF stock. Whitegate Investment Counselors Inc. lifted its stake in iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) by 16.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,018 shares of the company’s stock after buying an additional 839 shares during the quarter. Whitegate Investment Counselors Inc.’s holdings in iShares ESG Advanced Total USD Bond Market ETF were worth $262,000 as of its most recent SEC filing.

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.