iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Short Interest Down 55.0% in July

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 42,395 shares, a drop of 55.0% from the July 15th total of 94,189 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 220,013 shares, the days-to-cover ratio is currently 0.2 days.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 3.9% during the fourth quarter. Fisher Asset Management LLC now owns 794,901 shares of the company’s stock valued at $18,589,000 after buying an additional 29,695 shares in the last quarter. Napier Financial LLC acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF during the fourth quarter worth approximately $510,000. Bank of New York Mellon Corp boosted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 23.1% during the first quarter. Bank of New York Mellon Corp now owns 433,360 shares of the company’s stock worth $10,027,000 after purchasing an additional 81,362 shares during the period. Continuum Advisory LLC grew its position in iShares ESG Aware USD Corporate Bond ETF by 21.1% during the fourth quarter. Continuum Advisory LLC now owns 33,102 shares of the company’s stock valued at $774,000 after purchasing an additional 5,769 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new position in iShares ESG Aware USD Corporate Bond ETF in the 4th quarter valued at approximately $114,000.

iShares ESG Aware USD Corporate Bond ETF Price Performance

NASDAQ SUSC traded down $0.07 on Friday, hitting $22.67. 240,117 shares of the company were exchanged, compared to its average volume of 293,919. iShares ESG Aware USD Corporate Bond ETF has a twelve month low of $22.63 and a twelve month high of $23.85. The company’s 50 day moving average price is $22.91 and its 200-day moving average price is $23.13.

iShares ESG Aware USD Corporate Bond ETF Announces Dividend

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

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.