iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sets New 1-Year Low – Here’s Why

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) shares reached a new 52-week low on Thursday . The company traded as low as $22.09 and last traded at $22.09, with a volume of 165 shares changing hands. The stock had previously closed at $22.72.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.3 %

The firm has a fifty day simple moving average of $23.10 and a 200-day simple moving average of $23.22.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.0872 dividend. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.08.

Institutional Investors Weigh In On iShares ESG Aware USD Corporate Bond ETF

Hedge funds have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its holdings in iShares ESG Aware USD Corporate Bond ETF by 24.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 218,223 shares of the company’s stock worth $4,958,000 after buying an additional 42,727 shares during the period. Invera Wealth Advisors LLC raised its holdings in iShares ESG Aware USD Corporate Bond ETF by 8.6% during the 2nd quarter. Invera Wealth Advisors LLC now owns 213,681 shares of the company’s stock worth $4,915,000 after purchasing an additional 16,936 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 0.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 111,231 shares of the company’s stock worth $2,646,000 after purchasing an additional 652 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 13.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 61,724 shares of the company’s stock valued at $1,468,000 after purchasing an additional 7,412 shares during the last quarter. Finally, EverSource Wealth Advisors LLC bought a new position in iShares ESG Aware USD Corporate Bond ETF during the second quarter worth $754,000.

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.