iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Reaches New 52-Week Low – Here’s Why

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $24.50 and last traded at $24.4950, with a volume of 47576 shares trading hands. The stock had previously closed at $24.58.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Performance

The business’s 50 day moving average is $24.78 and its 200 day moving average is $24.92.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.0957 dividend. This is an increase from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, September 1st.

Hedge Funds Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% in the 1st quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock valued at $16,814,000 after buying an additional 51,627 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 7.4% in the fourth quarter. Fisher Asset Management LLC now owns 259,438 shares of the company’s stock worth $6,548,000 after purchasing an additional 17,902 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.0% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 94,598 shares of the company’s stock valued at $2,369,000 after acquiring an additional 9,402 shares during the period. Canandaigua National Bank & Trust Co. bought a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the second quarter worth approximately $2,009,000. Finally, CX Institutional lifted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.2% during the 2nd quarter. CX Institutional now owns 41,406 shares of the company’s stock worth $1,035,000 after buying an additional 1,656 shares during the last quarter.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.