iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Sees Unusually-High Trading Volume – Time to Buy?

Shares of iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw an uptick in trading volume on Friday . 304,106 shares traded hands during trading, a decline of 3% from the previous session’s volume of 312,681 shares.The stock last traded at $46.90 and had previously closed at $46.88.

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

The company has a 50-day moving average of $47.76 and a 200 day moving average of $47.38.

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

Several large investors have recently made changes to their positions in EAGG. Private Ocean LLC grew its position in iShares ESG Aware U.S. Aggregate Bond ETF by 2.1% during the 2nd quarter. Private Ocean LLC now owns 561,002 shares of the company’s stock worth $26,148,000 after acquiring an additional 11,687 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 3.0% in the second quarter. Bank of New York Mellon Corp now owns 512,965 shares of the company’s stock valued at $23,909,000 after buying an additional 15,080 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 10.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 172,620 shares of the company’s stock valued at $8,046,000 after buying an additional 15,624 shares during the last quarter. Mascoma Wealth Management LLC lifted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 15.1% during the 3rd quarter. Mascoma Wealth Management LLC now owns 164,385 shares of the company’s stock worth $7,987,000 after buying an additional 21,552 shares in the last quarter. Finally, Parkside Advisors LLC grew its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 0.9% during the 3rd quarter. Parkside Advisors LLC now owns 60,229 shares of the company’s stock worth $2,927,000 after acquiring an additional 557 shares during the last quarter.

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.