iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Up 378.9% in February

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 456,384 shares, a growth of 378.9% from the January 29th total of 95,291 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 396,197 shares, the days-to-cover ratio is currently 1.2 days. Based on an average trading volume of 396,197 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.5% of the company’s shares 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 modified their holdings of EAGG. Motco boosted its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 43.1% during the 2nd quarter. Motco now owns 1,885 shares of the company’s stock valued at $89,000 after acquiring an additional 568 shares during the period. Spinnaker Trust boosted its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 4.1% during the second quarter. Spinnaker Trust now owns 16,402 shares of the company’s stock valued at $780,000 after purchasing an additional 644 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of 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 valued at $32,297,000 after purchasing an additional 27,877 shares during the period. GPS Wealth Strategies Group LLC grew its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 58.4% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,522 shares of the company’s stock worth $72,000 after purchasing an additional 561 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 127.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 10,858 shares of the company’s stock worth $516,000 after buying an additional 6,075 shares during the period.

iShares ESG Aware U.S. Aggregate Bond ETF Trading Up 0.2%

Shares of NYSEARCA:EAGG opened at $48.56 on Friday. iShares ESG Aware U.S. Aggregate Bond ETF has a 12 month low of $46.14 and a 12 month high of $48.60. The firm’s 50-day moving average is $48.03 and its 200 day moving average is $48.00.

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.