iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Reaches New 12-Month Low – Should You Sell?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $22.54 and last traded at $22.55, with a volume of 5877 shares traded. The stock had previously closed at $22.67.

iShares ESG Aware USD Corporate Bond ETF Trading Up 0.1%

The company has a 50 day moving average of $22.80 and a two-hundred day moving average of $23.05.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.0887 per share. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date is Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.7%.

Institutional Trading of iShares ESG Aware USD Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cornerstone Financial Management LLC lifted its stake in iShares ESG Aware USD Corporate Bond ETF by 10.9% during the second quarter. Cornerstone Financial Management LLC now owns 17,344 shares of the company’s stock valued at $402,000 after purchasing an additional 1,699 shares during the last quarter. Blue Edge Capital LLC acquired a new position in iShares ESG Aware USD Corporate Bond ETF in the second quarter worth approximately $360,000. First Bancorp Inc ME bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the second quarter valued at $55,000. McIlrath & Eck LLC increased its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 2.3% in the first quarter. McIlrath & Eck LLC now owns 28,483 shares of the company’s stock valued at $659,000 after buying an additional 643 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 6.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 48,098 shares of the company’s stock valued at $1,113,000 after acquiring an additional 2,768 shares during the last quarter.

About iShares ESG Aware USD Corporate Bond ETF

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.