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

Shares of iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) saw unusually-strong trading volume on Friday . Approximately 139,092 shares traded hands during trading, an increase of 204% from the previous session’s volume of 45,761 shares.The stock last traded at $43.23 and had previously closed at $43.08.

iShares ESG Advanced Total USD Bond Market ETF Price Performance

The business has a 50 day moving average price of $42.96 and a 200 day moving average price of $43.16.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Hanson & Doremus Investment Management raised its position in iShares ESG Advanced Total USD Bond Market ETF by 47.6% in the 4th quarter. Hanson & Doremus Investment Management now owns 2,372 shares of the company’s stock worth $101,000 after purchasing an additional 765 shares during the last quarter. Keyvantage Wealth LLC bought a new stake in shares of iShares ESG Advanced Total USD Bond Market ETF in the fourth quarter worth about $237,000. OLD Mission Capital LLC bought a new position in iShares ESG Advanced Total USD Bond Market ETF in the fourth quarter valued at approximately $248,000. Flow Traders U.S. LLC acquired a new position in iShares ESG Advanced Total USD Bond Market ETF in the 3rd quarter worth $713,000. Finally, Jones Financial Companies Lllp raised its position in iShares ESG Advanced Total USD Bond Market ETF by 11.3% in the 4th quarter. Jones Financial Companies Lllp now owns 200,281 shares of the company’s stock valued at $8,508,000 after buying an additional 20,385 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.