iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Sees Large Volume Increase – Should You Buy?

Shares of iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) saw strong trading volume on Monday . 212,083 shares traded hands during mid-day trading, an increase of 226% from the previous session’s volume of 65,150 shares.The stock last traded at $42.09 and had previously closed at $42.15.

iShares ESG Advanced Total USD Bond Market ETF Stock Up 0.8 %

The stock has a fifty day simple moving average of $42.81 and a two-hundred day simple moving average of $43.31.

Institutional Investors Weigh In On iShares ESG Advanced Total USD Bond Market ETF

Hedge funds have recently added to or reduced their stakes in the company. Sugarloaf Wealth Management LLC boosted its position in shares of iShares ESG Advanced Total USD Bond Market ETF by 70.6% during the third quarter. Sugarloaf Wealth Management LLC now owns 894 shares of the company’s stock valued at $40,000 after buying an additional 370 shares during the last quarter. First Horizon Advisors Inc. boosted its position in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.1% during the third quarter. First Horizon Advisors Inc. now owns 7,386 shares of the company’s stock valued at $327,000 after buying an additional 1,023 shares during the last quarter. Central Pacific Bank Trust Division purchased a new position in shares of iShares ESG Advanced Total USD Bond Market ETF during the third quarter valued at approximately $374,000. EverSource Wealth Advisors LLC purchased a new position in shares of iShares ESG Advanced Total USD Bond Market ETF during the second quarter valued at approximately $405,000. Finally, Farther Finance Advisors LLC boosted its position in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.9% during the third quarter. Farther Finance Advisors LLC now owns 9,665 shares of the company’s stock valued at $428,000 after buying an additional 1,394 shares during the last quarter.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

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.