iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sets New 52-Week High – What’s Next?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $23.76 and last traded at $23.75, with a volume of 112730 shares trading hands. The stock had previously closed at $23.70.

iShares ESG Aware USD Corporate Bond ETF Stock Performance

The company has a 50 day simple moving average of $23.48 and a 200 day simple moving average of $23.10.

iShares ESG Aware USD Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.0842 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.3%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 5.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,879,448 shares of the company’s stock valued at $90,120,000 after acquiring an additional 209,761 shares during the last quarter. Ameriprise Financial Inc. raised its position in iShares ESG Aware USD Corporate Bond ETF by 1.7% in the first quarter. Ameriprise Financial Inc. now owns 1,719,711 shares of the company’s stock valued at $39,662,000 after purchasing an additional 28,806 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 3.2% during the second quarter. Fisher Asset Management LLC now owns 1,018,357 shares of the company’s stock valued at $23,656,000 after purchasing an additional 31,308 shares in the last quarter. Invera Wealth Advisors LLC boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 2.5% during the first quarter. Invera Wealth Advisors LLC now owns 232,333 shares of the company’s stock valued at $5,358,000 after purchasing an additional 5,705 shares in the last quarter. Finally, Klaas Financial Asset Advisors LLC grew its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 1.2% during the second quarter. Klaas Financial Asset Advisors LLC now owns 156,401 shares of the company’s stock worth $3,633,000 after purchasing an additional 1,797 shares during the last quarter.

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.