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

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $10.60 and last traded at $23.39, with a volume of 110235 shares changing hands. The stock had previously closed at $23.43.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.2%

The stock has a 50 day moving average price of $23.45 and a two-hundred day moving average price of $23.39.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.0887 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Friday, December 19th.

Institutional Investors Weigh In On iShares ESG Aware USD Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Centennial Bank AR raised its position in iShares ESG Aware USD Corporate Bond ETF by 166.7% in the 3rd quarter. Centennial Bank AR now owns 1,600 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares in the last quarter. Ameriflex Group Inc. grew its position in shares of iShares ESG Aware USD Corporate Bond ETF by 33.5% during the third quarter. Ameriflex Group Inc. now owns 3,514 shares of the company’s stock worth $83,000 after buying an additional 882 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF during the second quarter worth approximately $86,000. PNC Financial Services Group Inc. raised its holdings in iShares ESG Aware USD Corporate Bond ETF by 13.4% in the third quarter. PNC Financial Services Group Inc. now owns 3,925 shares of the company’s stock valued at $92,000 after acquiring an additional 465 shares in the last quarter. Finally, GGM Financials LLC purchased a new position in iShares ESG Aware USD Corporate Bond ETF in the third quarter worth approximately $93,000.

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.