iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Short Interest Update

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 94,189 shares, a decrease of 41.0% from the June 30th total of 159,566 shares. Based on an average trading volume of 202,924 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in iShares ESG Aware USD Corporate Bond ETF by 2.6% in the 4th quarter. JPMorgan Chase & Co. now owns 4,485,956 shares of the company’s stock worth $104,903,000 after purchasing an additional 113,296 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 23.1% in the first quarter. Bank of New York Mellon Corp now owns 433,360 shares of the company’s stock worth $10,027,000 after buying an additional 81,362 shares during the period. United Capital Financial Advisors LLC boosted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 42.8% in the third quarter. United Capital Financial Advisors LLC now owns 203,000 shares of the company’s stock worth $4,783,000 after buying an additional 60,806 shares during the period. One Capital Management LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the third quarter worth approximately $1,177,000. Finally, Fisher Asset Management LLC increased its position in shares of iShares ESG Aware USD Corporate Bond ETF by 3.9% in the fourth quarter. Fisher Asset Management LLC now owns 794,901 shares of the company’s stock worth $18,589,000 after acquiring an additional 29,695 shares in the last quarter.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.2%

Shares of SUSC opened at $22.73 on Thursday. The firm’s 50 day moving average is $23.00 and its 200-day moving average is $23.19. iShares ESG Aware USD Corporate Bond ETF has a 12-month low of $22.64 and a 12-month high of $23.85.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.088 per share. The ex-dividend date was Wednesday, July 1st. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.09.

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.