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

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) reached a new 52-week low during trading on Wednesday . The stock traded as low as $24.50 and last traded at $24.4950, with a volume of 47576 shares changing hands. The stock had previously closed at $24.58.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Down 0.4%

The stock has a 50 day moving average of $24.78 and a 200-day moving average of $24.92.

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

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

Institutional Trading of iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.2% in the second quarter. Cornerstone Financial Management LLC now owns 15,502 shares of the company’s stock worth $387,000 after buying an additional 1,557 shares during the last quarter. Continuum Advisory LLC grew its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 18.5% in the second quarter. Continuum Advisory LLC now owns 24,715 shares of the company’s stock worth $618,000 after acquiring an additional 3,861 shares during the period. Canandaigua National Bank & Trust Co. acquired a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 2nd quarter worth about $2,009,000. CX Institutional raised its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.2% in the second quarter. CX Institutional now owns 41,406 shares of the company’s stock valued at $1,035,000 after acquiring an additional 1,656 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 97.1% in the 1st quarter. Parallel Advisors LLC now owns 21,571 shares of the company’s stock valued at $541,000 after buying an additional 10,627 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.