iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Sets New 12-Month High – What’s Next?

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG)’s stock price reached a new 52-week high on Friday . The stock traded as high as $48.57 and last traded at $48.5650, with a volume of 53524 shares changing hands. The stock had previously closed at $48.48.

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

The business’s 50-day moving average price is $48.03 and its 200-day moving average price is $48.01.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 4.2% during the 4th quarter. NewEdge Advisors LLC now owns 89,222 shares of the company’s stock worth $4,269,000 after acquiring an additional 3,591 shares during the last quarter. Gould Asset Management LLC CA lifted its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 6.1% during the fourth quarter. Gould Asset Management LLC CA now owns 17,809 shares of the company’s stock worth $852,000 after purchasing an additional 1,030 shares in the last quarter. Okabena Investment Services Inc. bought a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $371,000. Arax Advisory Partners acquired a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $66,000. Finally, ANB Bank increased its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 7.9% in the fourth quarter. ANB Bank now owns 17,376 shares of the company’s stock valued at $831,000 after purchasing an additional 1,270 shares in 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.