iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Hits New 52-Week Low – Here’s What Happened

Shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) reached a new 52-week low during trading on Wednesday . The company traded as low as $24.67 and last traded at $24.6750, with a volume of 17390 shares. The stock had previously closed at $24.70.

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

The stock has a 50-day moving average of $24.84 and a two-hundred day moving average of $24.97.

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

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

Institutional Investors Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SUSB. PNC Financial Services Group Inc. boosted its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 68.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,708 shares of the company’s stock worth $43,000 after purchasing an additional 692 shares during the period. RMG Wealth Management LLC purchased a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the first quarter valued at approximately $95,000. Gould Capital LLC increased its stake in shares of 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 buying an additional 1,609 shares during the period. Motco raised its holdings in shares of 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 valued at $134,000 after acquiring an additional 458 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the second quarter worth $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.