Root Financial Partners LLC Makes New $3 Million Investment in iShares ESG Aware 1-5 Year USD Corporate Bond ETF $SUSB

Root Financial Partners LLC purchased a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 122,803 shares of the company’s stock, valued at approximately $3,000,000. Root Financial Partners LLC owned 0.23% of iShares ESG Aware 1-5 Year USD Corporate Bond ETF at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Canandaigua National Bank & Trust Co. acquired a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 2nd quarter worth about $2,009,000. Bank of New York Mellon Corp raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% during the first quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock valued at $16,814,000 after acquiring an additional 51,627 shares during the last quarter. Continuum Advisory LLC raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 18.5% during the second quarter. Continuum Advisory LLC now owns 24,715 shares of the company’s stock valued at $618,000 after acquiring an additional 3,861 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 97.1% during the first quarter. Parallel Advisors LLC now owns 21,571 shares of the company’s stock valued at $541,000 after acquiring an additional 10,627 shares during the last quarter. Finally, CX Institutional raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.2% during the second quarter. CX Institutional now owns 41,406 shares of the company’s stock valued at $1,035,000 after acquiring an additional 1,656 shares during the last quarter.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Up 0.4%

iShares ESG Aware 1-5 Year USD Corporate Bond ETF stock opened at $24.58 on Friday. The company has a fifty day simple moving average of $24.60 and a 200-day simple moving average of $24.82. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 52-week low of $24.30 and a 52-week high of $25.39.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a $0.0960 dividend. The ex-dividend date was Thursday, October 1st. This is a positive change from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0957. This represents a $1.15 annualized dividend and a yield of 4.7%.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.