iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Large Volume Increase – Should You Buy?

Shares of iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw strong trading volume on Thursday. 1,663,255 shares traded hands during trading, an increase of 470% from the average daily volume of 291,578 shares. The stock last traded at $22.1350 and had previously closed at $22.26.

iShares ESG Aware USD Corporate Bond ETF Price Performance

The firm has a fifty day moving average of $22.23 and a 200 day moving average of $22.88.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a $0.0895 dividend. The ex-dividend date was Monday, November 2nd. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.0889. This represents a $1.07 annualized dividend and a yield of 4.9%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Legacy Financial Group LLC increased its stake in iShares ESG Aware USD Corporate Bond ETF by 30.3% in the 3rd quarter. Legacy Financial Group LLC now owns 12,775 shares of the company’s stock worth $280,000 after acquiring an additional 2,967 shares during the last quarter. Harbour Investments Inc. bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the 3rd quarter valued at approximately $348,000. Fisher Asset Management LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the third quarter valued at $19,830,000. Gen Wealth Partners Inc grew its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 14.1% in the third quarter. Gen Wealth Partners Inc now owns 4,609 shares of the company’s stock valued at $101,000 after purchasing an additional 569 shares in the last quarter. Finally, Evergreen Private Wealth LLC grew its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 13.9% in the third quarter. Evergreen Private Wealth LLC now owns 28,572 shares of the company’s stock valued at $627,000 after purchasing an additional 3,477 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.