iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Hits New 1-Year Low – Here’s What Happened

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC)’s share price hit a new 52-week low on Wednesday . The stock traded as low as $22.27 and last traded at $22.2650, with a volume of 121820 shares trading hands. The stock had previously closed at $22.46.

iShares ESG Aware USD Corporate Bond ETF Stock Down 1.1%

The business has a fifty day moving average of $22.64 and a two-hundred day moving average of $22.94.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

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

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in SUSC. PNC Financial Services Group Inc. boosted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 14.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock valued at $101,000 after purchasing an additional 533 shares during the period. McIlrath & Eck LLC grew its position in shares of iShares ESG Aware USD Corporate Bond ETF by 2.3% during the first quarter. McIlrath & Eck LLC now owns 28,483 shares of the company’s stock worth $659,000 after acquiring an additional 643 shares during the last quarter. Wells Financial Advisors INC increased its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 3.1% in the 1st quarter. Wells Financial Advisors INC now owns 23,045 shares of the company’s stock worth $533,000 after acquiring an additional 700 shares during the period. NBT Bank N A NY lifted its position in iShares ESG Aware USD Corporate Bond ETF by 4,865.2% in the 1st quarter. NBT Bank N A NY now owns 1,142 shares of the company’s stock valued at $26,000 after purchasing an additional 1,119 shares during the last quarter. Finally, Beacon Financial Group boosted its stake 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 valued at $545,000 after purchasing an additional 1,269 shares during the period.

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.