iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Reaches New 1-Year Low – Time to Sell?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC)’s share price reached a new 52-week low on Tuesday . The company traded as low as $22.27 and last traded at $22.32, with a volume of 241539 shares changing hands. The stock had previously closed at $22.33.

iShares ESG Aware USD Corporate Bond ETF Price Performance

The business has a 50-day simple moving average of $22.67 and a two-hundred day simple moving average of $22.97.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

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

Institutional Trading of iShares ESG Aware USD Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SUSC. PNC Financial Services Group Inc. grew its holdings 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 worth $101,000 after purchasing an additional 533 shares during the last quarter. McIlrath & Eck LLC raised its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 2.3% in the first quarter. McIlrath & Eck LLC now owns 28,483 shares of the company’s stock valued at $659,000 after buying an additional 643 shares during the last quarter. Wells Financial Advisors INC raised its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 3.1% in the first quarter. Wells Financial Advisors INC now owns 23,045 shares of the company’s stock valued at $533,000 after buying an additional 700 shares during the last quarter. NBT Bank N A NY raised its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 4,865.2% in the first quarter. NBT Bank N A NY now owns 1,142 shares of the company’s stock valued at $26,000 after buying an additional 1,119 shares during the last quarter. Finally, Beacon Financial Group lifted its position in iShares ESG Aware USD Corporate Bond ETF by 5.7% during the 1st quarter. Beacon Financial Group now owns 23,566 shares of the company’s stock worth $545,000 after buying an additional 1,269 shares in the last quarter.

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.