iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sets New 12-Month Low – Here’s Why

Shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) reached a new 52-week low on Wednesday . The stock traded as low as $24.67 and last traded at $24.6750, with a volume of 17390 shares traded. The stock had previously closed at $24.70.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Performance

The company’s 50 day moving average is $24.84 and its 200-day moving average is $24.97.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.0957 per share. This is a positive change from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Tuesday, September 1st.

Hedge Funds Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 68.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,708 shares of the company’s stock worth $43,000 after acquiring an additional 692 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the first quarter worth about $95,000. Gould Capital LLC lifted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 52.6% during the first quarter. Gould Capital LLC now owns 4,666 shares of the company’s stock worth $117,000 after acquiring an additional 1,609 shares in the last quarter. Motco boosted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 9.4% in the 4th quarter. Motco now owns 5,319 shares of the company’s stock worth $134,000 after purchasing an additional 458 shares during the period. Finally, WFA of San Diego LLC bought a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the second quarter valued at approximately $138,000.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

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.