iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Reaches New 1-Year Low – Here’s What Happened

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $22.47 and last traded at $22.4850, with a volume of 53990 shares changing hands. The stock had previously closed at $22.53.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.8%

The business’s fifty day moving average price is $22.72 and its 200-day moving average price is $23.01.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a dividend of $0.0887 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. NBT Bank N A NY grew its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 4,865.2% during the 1st quarter. NBT Bank N A NY now owns 1,142 shares of the company’s stock valued at $26,000 after purchasing an additional 1,119 shares during the last quarter. First Bancorp Inc ME bought a new stake in iShares ESG Aware USD Corporate Bond ETF in the second quarter valued at approximately $55,000. PNC Financial Services Group Inc. boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 14.0% during the first quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock valued at $101,000 after purchasing an additional 533 shares during the period. Cary Street Partners Financial LLC bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the fourth quarter worth approximately $114,000. Finally, GreatBanc Trust CO purchased a new stake in iShares ESG Aware USD Corporate Bond ETF during the 1st quarter valued at $208,000.

About iShares ESG Aware USD Corporate Bond ETF

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.