iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sets New 12-Month Low – Here’s What Happened

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $22.77 and last traded at $22.77, with a volume of 3393 shares. The stock had previously closed at $22.91.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.2%

The company has a 50-day moving average of $23.04 and a two-hundred day moving average of $23.22.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.088 dividend. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. NBT Bank N A NY raised its stake in iShares ESG Aware USD Corporate Bond ETF by 4,865.2% during the 1st quarter. NBT Bank N A NY now owns 1,142 shares of the company’s stock worth $26,000 after acquiring an additional 1,119 shares during the period. Millstone Evans Group LLC bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the fourth quarter worth approximately $75,000. PNC Financial Services Group Inc. increased its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 14.0% in the first quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock worth $101,000 after purchasing an additional 533 shares in the last quarter. Cary Street Partners Financial LLC purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the fourth quarter worth $114,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the fourth quarter worth $127,000.

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. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.