iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Update

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 841,138 shares, an increase of 191.0% from the July 15th total of 289,075 shares. Based on an average trading volume of 292,163 shares, the short-interest ratio is presently 2.9 days. Currently, 0.8% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares ESG Aware U.S. Aggregate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 1.6% in the fourth quarter. JPMorgan Chase & Co. now owns 8,156,611 shares of the company’s stock worth $390,294,000 after acquiring an additional 131,331 shares during the period. Heartland Bank & Trust Co acquired a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the 4th quarter valued at about $884,000. Farther Finance Advisors LLC grew its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 30.4% during the 4th quarter. Farther Finance Advisors LLC now owns 49,765 shares of the company’s stock valued at $2,381,000 after acquiring an additional 11,615 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 23.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 89,146 shares of the company’s stock valued at $4,239,000 after purchasing an additional 17,120 shares in the last quarter. Finally, CX Institutional increased its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 24.2% in the 2nd quarter. CX Institutional now owns 64,181 shares of the company’s stock valued at $3,043,000 after purchasing an additional 12,523 shares in the last quarter.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Down 0.2%

Shares of EAGG stock traded down $0.11 during trading hours on Friday, hitting $46.67. The company’s stock had a trading volume of 224,032 shares, compared to its average volume of 393,072. iShares ESG Aware U.S. Aggregate Bond ETF has a 12-month low of $46.52 and a 12-month high of $48.60. The company has a 50 day moving average of $47.01 and a 200 day moving average of $47.44.

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.