iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Large Volume Increase – Time to Buy?

Shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) saw unusually-high trading volume on Thursday . Approximately 217,545 shares changed hands during trading, an increase of 53% from the previous session’s volume of 142,080 shares.The stock last traded at $25.02 and had previously closed at $25.00.

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

The business’s 50-day simple moving average is $25.02 and its 200 day simple moving average is $25.17.

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

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.0957 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SUSB. Ameriprise Financial Inc. grew its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 3.8% in the second quarter. Ameriprise Financial Inc. now owns 779,912 shares of the company’s stock worth $20,292,000 after purchasing an additional 28,670 shares during the last quarter. WFA of San Diego LLC bought a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the second quarter worth approximately $138,000. Valeo Financial Advisors LLC grew its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 1.9% in the third quarter. Valeo Financial Advisors LLC now owns 45,899 shares of the company’s stock worth $1,162,000 after purchasing an additional 859 shares during the last quarter. LRI Investments LLC grew its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.2% in the third quarter. LRI Investments LLC now owns 10,374 shares of the company’s stock worth $263,000 after purchasing an additional 1,048 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 15.3% in the third quarter. JPMorgan Chase & Co. now owns 429,464 shares of the company’s stock worth $10,870,000 after purchasing an additional 57,108 shares during the last quarter.

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.