iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Large Increase in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 158,866 shares, a growth of 59.7% from the September 15th total of 99,460 shares. Based on an average daily trading volume, of 173,960 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the shares of the stock are short sold.

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

Large investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp lifted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% during the 1st quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock valued at $16,814,000 after acquiring an additional 51,627 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.0% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 94,598 shares of the company’s stock valued at $2,369,000 after purchasing an additional 9,402 shares during the last quarter. Canandaigua National Bank & Trust Co. purchased a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the third quarter valued at $2,049,000. CX Institutional lifted its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.2% during the second quarter. CX Institutional now owns 41,406 shares of the company’s stock valued at $1,035,000 after purchasing an additional 1,656 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 6.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 37,355 shares of the company’s stock worth $913,000 after purchasing an additional 2,132 shares in the last quarter.

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

NASDAQ:SUSB traded up $0.01 during mid-day trading on Friday, reaching $24.50. 17,764 shares of the stock were exchanged, compared to its average volume of 222,908. The business has a fifty day moving average price of $24.63 and a 200 day moving average price of $24.84. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 1-year low of $24.30 and a 1-year high of $25.39.

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

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.0960 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.15 annualized dividend 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 $0.0957.

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.