iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Sees Unusually-High Trading Volume – Still a Buy?

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) shares saw strong trading volume on Wednesday . 117,687 shares changed hands during mid-day trading, an increase of 79% from the previous session’s volume of 65,917 shares.The stock last traded at $42.55 and had previously closed at $42.63.

iShares ESG Advanced Total USD Bond Market ETF Trading Up 0.2 %

The stock has a fifty day moving average price of $42.75 and a 200-day moving average price of $43.30.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EUSB. Central Pacific Bank Trust Division acquired a new stake in shares of iShares ESG Advanced Total USD Bond Market ETF during the third quarter valued at about $374,000. Sugarloaf Wealth Management LLC increased its holdings 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 purchasing an additional 370 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.9% during the 3rd 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. Janney Montgomery Scott LLC grew its position in shares of iShares ESG Advanced Total USD Bond Market ETF by 13.1% during the third quarter. Janney Montgomery Scott LLC now owns 21,736 shares of the company’s stock worth $963,000 after buying an additional 2,521 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its stake in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.1% in the third quarter. First Horizon Advisors Inc. now owns 7,386 shares of the company’s stock worth $327,000 after buying an additional 1,023 shares during the last quarter.

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.