iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Hits New 1-Year Low – Should You Sell?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) shares hit a new 52-week low during trading on Monday . The company traded as low as $22.63 and last traded at $22.64, with a volume of 222723 shares trading hands. The stock had previously closed at $22.73.

iShares ESG Aware USD Corporate Bond ETF Stock Performance

The business’s 50 day simple moving average is $22.95 and its 200-day simple moving average is $23.15.

iShares ESG Aware USD Corporate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.0883 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SUSC. Morton Brown Family Wealth LLC boosted its holdings in iShares ESG Aware USD Corporate Bond ETF by 6.3% in the fourth quarter. Morton Brown Family Wealth LLC now owns 7,571 shares of the company’s stock valued at $177,000 after acquiring an additional 451 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in iShares ESG Aware USD Corporate Bond ETF by 14.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock valued at $101,000 after acquiring an additional 533 shares in the last quarter. Evergreen Private Wealth LLC boosted its stake in iShares ESG Aware USD Corporate Bond ETF by 3.1% in the 4th quarter. Evergreen Private Wealth LLC now owns 19,802 shares of the company’s stock worth $463,000 after purchasing an additional 587 shares during the period. McIlrath & Eck LLC boosted its stake in iShares ESG Aware USD Corporate Bond ETF by 2.3% in the 1st quarter. McIlrath & Eck LLC now owns 28,483 shares of the company’s stock worth $659,000 after purchasing an additional 643 shares during the period. Finally, Wells Financial Advisors INC increased its holdings in iShares ESG Aware USD Corporate Bond ETF by 3.1% during the 1st quarter. Wells Financial Advisors INC now owns 23,045 shares of the company’s stock worth $533,000 after purchasing an additional 700 shares in the last quarter.

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. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.