iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sets New 52-Week Low – What’s Next?

Shares of iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) reached a new 52-week low on Friday . The stock traded as low as $22.64 and last traded at $22.65, with a volume of 92298 shares trading hands. The stock had previously closed at $22.72.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.4%

The business’s 50-day moving average price is $23.00 and its 200-day moving average price is $23.18.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC grew its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 1.7% during the second quarter. NewEdge Advisors LLC now owns 87,097 shares of the company’s stock worth $2,023,000 after buying an additional 1,472 shares during the last quarter. One Capital Management LLC acquired a new stake in iShares ESG Aware USD Corporate Bond ETF during the 3rd quarter worth approximately $1,177,000. Flow Traders U.S. LLC lifted its position in iShares ESG Aware USD Corporate Bond ETF by 78.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 56,556 shares of the company’s stock worth $1,332,000 after acquiring an additional 24,882 shares during the period. United Capital Financial Advisors LLC grew its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 42.8% in the 3rd quarter. United Capital Financial Advisors LLC now owns 203,000 shares of the company’s stock valued at $4,783,000 after purchasing an additional 60,806 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the 4th quarter valued at approximately $127,000.

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.