iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Down 37.8% in June

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,167,235 shares, a decrease of 37.8% from the May 31st total of 1,875,484 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 316,159 shares, the days-to-cover ratio is currently 3.7 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of EAGG. VSM Wealth Advisory LLC lifted its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 917.6% in the fourth quarter. VSM Wealth Advisory LLC now owns 692 shares of the company’s stock valued at $33,000 after purchasing an additional 624 shares in the last quarter. Financial Avengers Inc. purchased a new position in iShares ESG Aware U.S. Aggregate Bond ETF during the first quarter worth about $35,000. Hollencrest Capital Management acquired a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the first quarter worth approximately $35,000. Triumph Capital Management acquired a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the 3rd quarter valued at $51,000. Finally, Arax Advisory Partners purchased a new stake in iShares ESG Aware U.S. Aggregate Bond ETF during the fourth quarter valued at about $66,000.

iShares ESG Aware U.S. Aggregate Bond ETF Price Performance

NYSEARCA:EAGG remained flat at $47.20 during mid-day trading on Friday. 399,633 shares of the company were exchanged, compared to its average volume of 399,922. iShares ESG Aware U.S. Aggregate Bond ETF has a 1 year low of $46.71 and a 1 year high of $48.60. The firm’s fifty day moving average price is $47.31 and its 200 day moving average price is $47.68.

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.