iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Trading Down 0.1% – Should You Sell?

by · The Markets Daily

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSBGet Free Report)’s share price fell 0.1% during trading on Wednesday . The company traded as low as $43.89 and last traded at $43.91. 92,136 shares changed hands during mid-day trading, an increase of 48% from the average session volume of 62,313 shares. The stock had previously closed at $43.96.

iShares ESG Advanced Total USD Bond Market ETF Stock Performance

The stock’s 50 day moving average price is $44.00 and its two-hundred day moving average price is $43.75.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in EUSB. Triumph Capital Management acquired a new stake in shares of iShares ESG Advanced Total USD Bond Market ETF during the 3rd quarter valued at approximately $27,000. Flow Traders U.S. LLC increased its stake in iShares ESG Advanced Total USD Bond Market ETF by 239.4% in the 3rd quarter. Flow Traders U.S. LLC now owns 76,306 shares of the company’s stock valued at $3,351,000 after purchasing an additional 53,823 shares in the last quarter. Rossby Financial LCC raised its holdings in iShares ESG Advanced Total USD Bond Market ETF by 413.3% during the third quarter. Rossby Financial LCC now owns 6,339 shares of the company’s stock worth $278,000 after purchasing an additional 5,104 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in iShares ESG Advanced Total USD Bond Market ETF by 16.1% during the third quarter. Jones Financial Companies Lllp now owns 298,530 shares of the company’s stock worth $13,088,000 after purchasing an additional 41,335 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. boosted its position in iShares ESG Advanced Total USD Bond Market ETF by 57.9% during the third quarter. FSB Premier Wealth Management Inc. now owns 9,866 shares of the company’s stock worth $433,000 after purchasing an additional 3,618 shares in the last quarter.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

(Get Free Report)

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.

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