iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw unusually-strong trading volume on Tuesday . Approximately 279,475 shares were traded during mid-day trading, an increase of 38% from the previous session’s volume of 202,671 shares.The stock last traded at $22.72 and had previously closed at $22.79.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.2%

The stock’s fifty day simple moving average is $22.80 and its 200-day simple moving average is $22.89.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were paid a $0.0853 dividend. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $1.02 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend was Thursday, May 1st.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Gen Wealth Partners Inc acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF during the 1st quarter worth $30,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in iShares ESG Aware USD Corporate Bond ETF during the fourth quarter worth about $38,000. Ameriflex Group Inc. bought a new position in iShares ESG Aware USD Corporate Bond ETF in the 4th quarter valued at about $59,000. Financial Gravity Asset Management Inc. acquired a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the 1st quarter valued at approximately $144,000. Finally, Morton Brown Family Wealth LLC raised its position in iShares ESG Aware USD Corporate Bond ETF by 51.1% during the fourth quarter. Morton Brown Family Wealth LLC now owns 6,796 shares of the company’s stock valued at $154,000 after purchasing an additional 2,299 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.