iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Large Decline in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 54,848 shares, a drop of 38.6% from the June 30th total of 89,275 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 148,969 shares, the short-interest ratio is presently 0.4 days.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Performance

SUSB stock opened at $24.86 on Friday. The company has a 50 day moving average price of $24.91 and a 200 day moving average price of $25.06. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a fifty-two week low of $24.77 and a fifty-two week high of $25.39.

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

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.0925 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Investors Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.1% in the third quarter. Ameriprise Financial Inc. now owns 812,047 shares of the company’s stock valued at $20,545,000 after acquiring an additional 32,135 shares during the last quarter. Bank of New York Mellon Corp increased its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% in the first quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock worth $16,814,000 after purchasing an additional 51,627 shares during the period. ST Germain D J Co. Inc. raised its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 12.3% during the 4th quarter. ST Germain D J Co. Inc. now owns 437,666 shares of the company’s stock worth $11,047,000 after purchasing an additional 47,877 shares during the last quarter. Fisher Asset Management LLC raised its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 7.4% during the 4th quarter. Fisher Asset Management LLC now owns 259,438 shares of the company’s stock worth $6,548,000 after purchasing an additional 17,902 shares during the last quarter. Finally, Bear Mountain Capital Inc. lifted its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 1.3% during the 4th quarter. Bear Mountain Capital Inc. now owns 149,407 shares of the company’s stock valued at $3,772,000 after purchasing an additional 1,980 shares during the period.

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.