iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Reaches New 12-Month Low – Time to Sell?

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $24.68 and last traded at $24.70, with a volume of 4230 shares. The stock had previously closed at $24.81.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Up 0.0%

The company’s 50 day simple moving average is $24.86 and its 200 day simple moving average is $24.99.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.0957 per share. This is a boost from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date is Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.7%.

Hedge Funds Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Motco boosted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 9.4% during the fourth quarter. Motco now owns 5,319 shares of the company’s stock worth $134,000 after buying an additional 458 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 68.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,708 shares of the company’s stock worth $43,000 after purchasing an additional 692 shares during the last quarter. Front Row Advisors LLC increased its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 14.6% during the fourth quarter. Front Row Advisors LLC now owns 6,090 shares of the company’s stock worth $154,000 after buying an additional 775 shares during the last quarter. Valeo Financial Advisors LLC lifted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 2.4% in the fourth quarter. Valeo Financial Advisors LLC now owns 46,989 shares of the company’s stock valued at $1,186,000 after buying an additional 1,090 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 14,883 shares of the company’s stock valued at $376,000 after purchasing an additional 1,200 shares during the last quarter.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.