iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Down 37.8% in June

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,167,235 shares, a decline of 37.8% from the May 31st total of 1,875,484 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily volume of 316,159 shares, the short-interest ratio is currently 3.7 days.

Institutional Trading of iShares ESG Aware U.S. Aggregate Bond ETF

A number of hedge funds have recently modified their holdings of the business. Motco increased its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 11.2% during the 4th quarter. Motco now owns 2,362 shares of the company’s stock valued at $113,000 after purchasing an additional 238 shares in the last quarter. Manning & Napier Advisors LLC lifted its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 9.6% in the fourth quarter. Manning & Napier Advisors LLC now owns 4,223 shares of the company’s stock worth $202,000 after buying an additional 370 shares in the last quarter. Spinnaker Trust grew its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 2.1% during the fourth quarter. Spinnaker Trust now owns 17,870 shares of the company’s stock valued at $855,000 after buying an additional 370 shares during the last quarter. Farmers National Bank increased its position 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 valued at $314,000 after acquiring an additional 401 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 3.9% in the 4th quarter. Venturi Wealth Management LLC now owns 13,726 shares of the company’s stock worth $657,000 after acquiring an additional 509 shares during the last quarter.

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

Shares of iShares ESG Aware U.S. Aggregate Bond ETF stock opened at $47.20 on Friday. The business has a 50 day moving average of $47.30 and a 200 day moving average of $47.67. iShares ESG Aware U.S. Aggregate Bond ETF has a 52 week low of $46.71 and a 52 week high of $48.60.

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.