iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw an uptick in trading volume on Thursday. Approximately 1,663,255 shares were traded during trading, an increase of 470% from the average daily volume of 291,578 shares. The stock last traded at $22.1350 and had previously closed at $22.26.

iShares ESG Aware USD Corporate Bond ETF Price Performance

The stock’s fifty day moving average is $22.23 and its 200 day moving average is $22.88.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.0895 per share. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.0889. This represents a $1.07 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Monday, November 2nd.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SUSC. Fisher Asset Management LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the third quarter worth approximately $19,830,000. Bank of New York Mellon Corp boosted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 23.1% in 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 period. Payden & Rygel bought a new position in iShares ESG Aware USD Corporate Bond ETF in the third quarter worth approximately $780,000. Cornerstone Planning Group LLC grew its stake in iShares ESG Aware USD Corporate Bond ETF by 7,563.9% in the first quarter. Cornerstone Planning Group LLC now owns 20,386 shares of the company’s stock worth $470,000 after purchasing an additional 20,120 shares in the last quarter. Finally, CX Institutional purchased a new position in iShares ESG Aware USD Corporate Bond ETF during the 3rd quarter worth $438,000.

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.