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

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $42.49 and last traded at $42.51, with a volume of 8221 shares. The stock had previously closed at $42.60.

iShares ESG Advanced Total USD Bond Market ETF Stock Performance

The company has a 50 day simple moving average of $42.88 and a 200 day simple moving average of $43.30.

Institutional Investors Weigh In On iShares ESG Advanced Total USD Bond Market ETF

Large investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC grew its position in iShares ESG Advanced Total USD Bond Market ETF by 2.7% in 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 during the last quarter. Rossby Financial LCC lifted its stake in shares of iShares ESG Advanced Total USD Bond Market ETF by 5.7% in the 4th quarter. Rossby Financial LCC now owns 6,701 shares of the company’s stock worth $294,000 after acquiring an additional 362 shares during the period. FSB Premier Wealth Management Inc. acquired a new stake in shares of iShares ESG Advanced Total USD Bond Market ETF in the 2nd quarter worth $272,000. Whitegate Investment Counselors Inc. boosted its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.2% in the first quarter. Whitegate Investment Counselors Inc. now owns 6,018 shares of the company’s stock valued at $262,000 after acquiring an additional 839 shares in the last quarter. Finally, Balance Wealth LLC boosted its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF by 7.0% in the first quarter. Balance Wealth LLC now owns 5,266 shares of the company’s stock valued at $229,000 after acquiring an additional 344 shares in the last quarter.

About iShares ESG Advanced Total USD Bond Market ETF

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.