iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Down 96.8% in January
by Tristan Rich · The Markets DailyiShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG – Get Free Report) was the target of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 95,291 shares, a drop of 96.8% from the January 15th total of 2,988,602 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 332,011 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 332,011 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.
iShares ESG Aware U.S. Aggregate Bond ETF Stock Up 0.5%
EAGG stock traded up $0.23 on Thursday, hitting $48.24. The company’s stock had a trading volume of 241,340 shares, compared to its average volume of 438,526. The firm has a 50 day moving average of $47.92 and a two-hundred day moving average of $47.93. iShares ESG Aware U.S. Aggregate Bond ETF has a 1 year low of $46.14 and a 1 year high of $48.54.
Institutional Investors Weigh In On iShares ESG Aware U.S. Aggregate Bond ETF
Several hedge funds have recently made changes to their positions in the business. Rossby Financial LCC increased its position in iShares ESG Aware U.S. Aggregate Bond ETF by 50.2% in the 4th quarter. Rossby Financial LCC now owns 62,233 shares of the company’s stock valued at $2,978,000 after acquiring an additional 20,795 shares during the period. Olde Wealth Management LLC grew its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 2.6% in the 4th quarter. Olde Wealth Management LLC now owns 438,835 shares of the company’s stock valued at $20,998,000 after purchasing an additional 10,942 shares during the last quarter. Zevin Asset Management LLC acquired a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $12,884,000. Janney Montgomery Scott LLC raised its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 6.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 72,026 shares of the company’s stock worth $3,446,000 after purchasing an additional 4,202 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 1.6% during the fourth quarter. JPMorgan Chase & Co. now owns 8,156,611 shares of the company’s stock worth $390,294,000 after purchasing an additional 131,331 shares during the period.
About iShares ESG Aware U.S. Aggregate Bond ETF
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.