iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Sees Strong Trading Volume – Still a Buy?

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGGGet Free Report) shares saw strong trading volume on Thursday . Approximately 1,314,245 shares changed hands during trading, an increase of 237% from the previous session’s volume of 389,783 shares.The stock last traded at $46.69 and had previously closed at $46.83.

iShares ESG Aware U.S. Aggregate Bond ETF Trading Down 0.3%

The stock’s fifty day simple moving average is $46.99 and its two-hundred day simple moving average is $47.41.

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

A number of hedge funds have recently modified their holdings of EAGG. NewEdge Advisors LLC increased its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 19.0% in the second quarter. NewEdge Advisors LLC now owns 77,690 shares of the company’s stock valued at $3,693,000 after purchasing an additional 12,394 shares during the period. Captrust Financial Advisors raised its position in iShares ESG Aware U.S. Aggregate Bond ETF by 4.5% during the 2nd quarter. Captrust Financial Advisors now owns 62,354 shares of the company’s stock worth $2,964,000 after purchasing an additional 2,659 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in iShares ESG Aware U.S. Aggregate Bond ETF during the 3rd quarter worth about $1,533,000. Integrated Wealth Concepts LLC lifted its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 5.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 32,774 shares of the company’s stock worth $1,574,000 after buying an additional 1,828 shares during the period. Finally, Hilltop Partners LLC lifted its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 17.7% during the 3rd quarter. Hilltop Partners LLC now owns 13,552 shares of the company’s stock worth $651,000 after buying an additional 2,040 shares during the period.

About iShares ESG Aware U.S. Aggregate Bond ETF

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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.

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