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

Shares of iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) saw strong trading volume on Friday . 80,781 shares changed hands during trading, an increase of 125% from the previous session’s volume of 35,870 shares.The stock last traded at $43.15 and had previously closed at $43.11.

iShares ESG Advanced Total USD Bond Market ETF Trading Down 0.1 %

The company has a fifty day simple moving average of $43.81 and a two-hundred day simple moving average of $43.14.

Hedge Funds Weigh In On iShares ESG Advanced Total USD Bond Market ETF

Several large investors have recently bought and sold shares of EUSB. Comerica Bank lifted its stake in iShares ESG Advanced Total USD Bond Market ETF by 11.2% in the first quarter. Comerica Bank now owns 2,471 shares of the company’s stock valued at $106,000 after buying an additional 249 shares during the period. Farther Finance Advisors LLC raised its position in shares of iShares ESG Advanced Total USD Bond Market ETF by 4.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 8,271 shares of the company’s stock valued at $348,000 after acquiring an additional 355 shares during the period. Sugarloaf Wealth Management LLC boosted its stake in iShares ESG Advanced Total USD Bond Market ETF by 70.6% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 894 shares of the company’s stock worth $40,000 after acquiring an additional 370 shares during the last quarter. Continuum Advisory LLC increased its stake in iShares ESG Advanced Total USD Bond Market ETF by 25.6% in the second quarter. Continuum Advisory LLC now owns 2,131 shares of the company’s stock valued at $91,000 after purchasing an additional 434 shares in the last quarter. Finally, ORG Partners LLC bought a new stake in iShares ESG Advanced Total USD Bond Market ETF in the second quarter valued at approximately $28,000.

About iShares ESG Advanced Total USD Bond Market ETF

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.