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

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 42,311 shares, a drop of 62.3% from the August 15th total of 112,246 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 149,915 shares, the short-interest ratio is presently 0.3 days.

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

Hedge funds have recently made changes to their positions in the business. Ameriprise Financial Inc. grew its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 812,047 shares of the company’s stock valued at $20,545,000 after purchasing an additional 32,135 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% in the first quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock worth $16,814,000 after purchasing an additional 51,627 shares during the last quarter. Fisher Asset Management LLC boosted its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 7.4% during the fourth quarter. Fisher Asset Management LLC now owns 259,438 shares of the company’s stock valued at $6,548,000 after buying an additional 17,902 shares during the period. One Capital Management LLC boosted its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.0% during the third quarter. One Capital Management LLC now owns 122,856 shares of the company’s stock valued at $3,110,000 after buying an additional 9,143 shares during the period. Finally, Bartlett & CO. Wealth Management LLC boosted its position in 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 buying an additional 9,402 shares during the period.

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

NASDAQ:SUSB traded down $0.04 during mid-day trading on Friday, reaching $24.55. The stock had a trading volume of 146,536 shares, compared to its average volume of 225,682. The firm has a 50 day moving average price of $24.82 and a two-hundred day moving average price of $24.96. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a one year low of $24.55 and a one year high of $25.39.

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

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.0957 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. This is a boost 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.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

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.