iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Large Decrease in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 10,348 shares, a decrease of 90.6% from the May 14th total of 110,436 shares. Based on an average daily volume of 1,105,124 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in iShares ESG Aware USD Corporate Bond ETF by 12.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,372,660 shares of the company’s stock valued at $103,020,000 after purchasing an additional 493,212 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 3.9% in the 4th quarter. Fisher Asset Management LLC now owns 794,901 shares of the company’s stock worth $18,589,000 after acquiring an additional 29,695 shares during the last quarter. Napier Financial LLC acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 4th quarter worth $510,000. Warner Financial Inc. acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 4th quarter worth $228,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 4th quarter worth $127,000.

iShares ESG Aware USD Corporate Bond ETF Stock Up 0.3%

NASDAQ SUSC traded up $0.06 during mid-day trading on Tuesday, hitting $23.01. The stock had a trading volume of 309,256 shares, compared to its average volume of 322,484. The firm’s 50 day moving average is $23.12 and its 200 day moving average is $23.31. iShares ESG Aware USD Corporate Bond ETF has a twelve month low of $22.77 and a twelve month high of $23.85.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.0885 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.6%. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.09.

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.