iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Hits New 52-Week Low – Here’s Why

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $24.53 and last traded at $24.54, with a volume of 187257 shares changing hands. The stock had previously closed at $24.55.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Trading Down 0.1%

The business’s 50-day moving average price is $24.80 and its 200 day moving average price is $24.94.

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

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

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

A number of institutional investors have recently added to or reduced their stakes in the business. Motco boosted its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 9.4% in the 4th quarter. Motco now owns 5,319 shares of the company’s stock worth $134,000 after purchasing an additional 458 shares in the last quarter. Morton Brown Family Wealth LLC increased its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 32.1% during the 1st quarter. Morton Brown Family Wealth LLC now owns 6,177 shares of the company’s stock valued at $155,000 after purchasing an additional 1,502 shares during the last quarter. Cornerstone Financial Management LLC raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.2% during the 2nd quarter. Cornerstone Financial Management LLC now owns 15,502 shares of the company’s stock valued at $387,000 after buying an additional 1,557 shares in the last quarter. Gould Capital LLC raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 52.6% during the 1st quarter. Gould Capital LLC now owns 4,666 shares of the company’s stock valued at $117,000 after buying an additional 1,609 shares in the last quarter. Finally, CX Institutional lifted its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.2% in the 2nd quarter. CX Institutional now owns 41,406 shares of the company’s stock worth $1,035,000 after buying an additional 1,656 shares during the last quarter.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

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.