iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Hits New 12-Month Low – Time to Sell?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC)’s share price hit a new 52-week low during trading on Tuesday. The stock traded as low as $21.94 and last traded at $21.99, with a volume of 330902 shares trading hands. The stock had previously closed at $22.13.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.2%

The business has a fifty day moving average price of $22.54 and a two-hundred day moving average price of $22.89.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.0887 per share. This represents a $1.06 annualized dividend and a yield of 4.9%. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.0883. The ex-dividend date of this dividend was Tuesday, September 1st.

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

A number of institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 23.1% in the 1st quarter. Bank of New York Mellon Corp now owns 433,360 shares of the company’s stock worth $10,027,000 after acquiring an additional 81,362 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in iShares ESG Aware USD Corporate Bond ETF by 5.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 268,193 shares of the company’s stock valued at $6,205,000 after purchasing an additional 14,343 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in iShares ESG Aware USD Corporate Bond ETF by 6.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 48,098 shares of the company’s stock valued at $1,113,000 after purchasing an additional 2,768 shares during the last quarter. Continuum Advisory LLC raised its position in iShares ESG Aware USD Corporate Bond ETF by 21.1% in the fourth quarter. Continuum Advisory LLC now owns 33,102 shares of the company’s stock valued at $774,000 after purchasing an additional 5,769 shares during the period. Finally, Venturi Wealth Management LLC raised its position in iShares ESG Aware USD Corporate Bond ETF by 37.8% in the first quarter. Venturi Wealth Management LLC now owns 31,968 shares of the company’s stock valued at $740,000 after purchasing an additional 8,768 shares during the period.

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.