iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sets New 52-Week Low – What’s Next?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC)’s stock price reached a new 52-week low on Friday . The company traded as low as $22.64 and last traded at $22.65, with a volume of 92298 shares changing hands. The stock had previously closed at $22.72.

iShares ESG Aware USD Corporate Bond ETF Price Performance

The firm’s 50 day simple moving average is $23.00 and its 200-day simple moving average is $23.18.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.088 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.09.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. NBT Bank N A NY boosted its holdings in iShares ESG Aware USD Corporate Bond ETF by 4,865.2% in the 1st quarter. NBT Bank N A NY now owns 1,142 shares of the company’s stock valued at $26,000 after purchasing an additional 1,119 shares in the last quarter. Millstone Evans Group LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the 4th quarter worth approximately $75,000. PNC Financial Services Group Inc. raised its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 14.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock worth $101,000 after buying an additional 533 shares in the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 4th quarter valued at approximately $114,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 4th quarter valued at approximately $127,000.

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.