iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Reaches New 52-Week Low – Here’s What Happened

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $22.63 and last traded at $22.64, with a volume of 222723 shares trading hands. The stock had previously closed at $22.73.

iShares ESG Aware USD Corporate Bond ETF Stock Performance

The firm’s 50 day moving average is $22.93 and its 200 day moving average is $23.14.

iShares ESG Aware USD Corporate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.0883 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its holdings in iShares ESG Aware USD Corporate Bond ETF by 1.7% in the second quarter. NewEdge Advisors LLC now owns 87,097 shares of the company’s stock worth $2,023,000 after acquiring an additional 1,472 shares in the last quarter. One Capital Management LLC bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the third quarter valued at $1,177,000. Flow Traders U.S. LLC increased its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 78.6% during the third quarter. Flow Traders U.S. LLC now owns 56,556 shares of the company’s stock valued at $1,332,000 after acquiring an additional 24,882 shares in the last quarter. United Capital Financial Advisors LLC increased its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 42.8% during the third quarter. United Capital Financial Advisors LLC now owns 203,000 shares of the company’s stock valued at $4,783,000 after acquiring an additional 60,806 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of iShares ESG Aware USD Corporate Bond ETF by 3.8% in the 4th quarter. Farther Finance Advisors LLC now owns 53,032 shares of the company’s stock worth $1,240,000 after purchasing an additional 1,917 shares during 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. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.