iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sets New 1-Year Low – What’s Next?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC)’s stock price reached a new 52-week low on Monday . The stock traded as low as $22.63 and last traded at $22.64, with a volume of 89110 shares trading hands. The stock had previously closed at $22.67.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.2%

The stock’s fifty day moving average is $22.91 and its 200-day moving average is $23.12.

iShares ESG Aware USD Corporate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a $0.0883 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of SUSC. NBT Bank N A NY raised its holdings in iShares ESG Aware USD Corporate Bond ETF by 4,865.2% in the 1st quarter. NBT Bank N A NY now owns 1,142 shares of the company’s stock worth $26,000 after purchasing an additional 1,119 shares during the period. First Bancorp Inc ME acquired a new stake in iShares ESG Aware USD Corporate Bond ETF in the second quarter valued at approximately $55,000. Millstone Evans Group LLC acquired a new stake in iShares ESG Aware USD Corporate Bond ETF in the fourth quarter valued at approximately $75,000. PNC Financial Services Group Inc. increased its position in shares of iShares ESG Aware USD Corporate Bond ETF by 14.0% in the first quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock valued at $101,000 after buying an additional 533 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the fourth quarter valued at approximately $114,000.

iShares ESG Aware USD Corporate Bond ETF Company Profile

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.