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

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) hit a new 52-week low on Tuesday . The stock traded as low as $22.54 and last traded at $22.55, with a volume of 5877 shares. The stock had previously closed at $22.67.

iShares ESG Aware USD Corporate Bond ETF Price Performance

The business has a 50-day simple moving average of $22.83 and a 200-day simple moving average of $23.07.

iShares ESG Aware USD Corporate Bond ETF Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in iShares ESG Aware USD Corporate Bond ETF by 2.6% in the fourth quarter. JPMorgan Chase & Co. now owns 4,485,956 shares of the company’s stock worth $104,903,000 after acquiring an additional 113,296 shares during the last quarter. Bank of New York Mellon Corp increased its position 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 valued at $10,027,000 after purchasing an additional 81,362 shares during the last quarter. United Capital Financial Advisors LLC increased its position in shares of iShares ESG Aware USD Corporate Bond ETF by 42.8% in the 3rd quarter. United Capital Financial Advisors LLC now owns 203,000 shares of the company’s stock valued at $4,783,000 after purchasing an additional 60,806 shares during the last quarter. One Capital Management LLC acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 3rd quarter valued at $1,177,000. Finally, Fisher Asset Management LLC raised its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 3.9% in the 4th quarter. Fisher Asset Management LLC now owns 794,901 shares of the company’s stock valued at $18,589,000 after purchasing an additional 29,695 shares in the last quarter.

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.