iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Short Interest Down 57.5% in May

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 110,436 shares, a decline of 57.5% from the April 30th total of 259,819 shares. Based on an average daily volume of 300,208 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 12.7% in the third quarter. JPMorgan Chase & Co. now owns 4,372,660 shares of the company’s stock valued at $103,020,000 after buying an additional 493,212 shares during the period. Bank of New York Mellon Corp lifted 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 valued at $10,027,000 after purchasing an additional 81,362 shares during the last quarter. United Capital Financial Advisors LLC lifted 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 purchasing an additional 60,806 shares during the last quarter. One Capital Management LLC purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF during the third quarter valued at $1,177,000. Finally, Fisher Asset Management LLC lifted 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 purchasing an additional 29,695 shares during the last quarter.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.4%

SUSC stock traded down $0.10 during trading on Tuesday, reaching $23.09. 396,577 shares of the company’s stock were exchanged, compared to its average volume of 327,166. iShares ESG Aware USD Corporate Bond ETF has a 1-year low of $22.70 and a 1-year high of $23.85. The company’s fifty day moving average price is $23.11 and its 200-day moving average price is $23.32.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be given a dividend of $0.0885 per share. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date is Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.