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

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 42,311 shares, a decrease of 62.3% from the August 15th total of 112,246 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 149,915 shares, the days-to-cover ratio is presently 0.3 days.

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

Shares of NASDAQ:SUSB traded down $0.04 on Friday, hitting $24.55. The company’s stock had a trading volume of 146,536 shares, compared to its average volume of 225,682. The company has a 50-day simple moving average of $24.82 and a 200 day simple moving average of $24.96. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 1 year low of $24.55 and a 1 year high of $25.39.

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

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.0957 dividend. This is an increase from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis 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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. lifted its holdings 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 acquiring an additional 692 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the first quarter valued at about $95,000. Gould Capital LLC raised its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 52.6% during the first quarter. Gould Capital LLC now owns 4,666 shares of the company’s stock valued at $117,000 after purchasing an additional 1,609 shares in the last quarter. Motco lifted its stake in 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 purchasing an additional 458 shares during the last quarter. Finally, WFA of San Diego LLC bought a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the second quarter worth about $138,000.

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.