iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Down 79.7% in December

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 136,572 shares, a drop of 79.7% from the December 15th total of 671,742 shares. Based on an average daily volume of 343,040 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 343,040 shares, the days-to-cover ratio is presently 0.4 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Olde Wealth Management LLC purchased a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the third quarter worth approximately $20,543,000. JPMorgan Chase & Co. raised its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 4.3% in the third quarter. JPMorgan Chase & Co. now owns 8,025,280 shares of the company’s stock valued at $385,454,000 after buying an additional 332,157 shares during the last quarter. eCIO Inc. lifted its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 44.7% in the second quarter. eCIO Inc. now owns 136,232 shares of the company’s stock worth $6,476,000 after buying an additional 42,090 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in iShares ESG Aware U.S. Aggregate Bond ETF during the third quarter worth about $1,533,000. Finally, Bank of New York Mellon Corp boosted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 4.3% during the second quarter. Bank of New York Mellon Corp now owns 679,364 shares of the company’s stock worth $32,297,000 after acquiring an additional 27,877 shares during the last quarter.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Up 0.1%

Shares of EAGG traded up $0.03 during mid-day trading on Tuesday, hitting $48.00. 610,881 shares of the company were exchanged, compared to its average volume of 376,707. iShares ESG Aware U.S. Aggregate Bond ETF has a 1-year low of $45.90 and a 1-year high of $48.54. The company has a 50 day moving average of $47.98 and a 200-day moving average of $47.81.

iShares ESG Aware U.S. Aggregate Bond ETF Company Profile

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.