iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Reaches New 52-Week Low – Time to Sell?

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $24.67 and last traded at $24.6750, with a volume of 17390 shares changing hands. The stock had previously closed at $24.70.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Trading Down 0.3%

The company’s 50-day moving average price is $24.83 and its 200-day moving average price is $24.96.

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

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.0957 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a boost from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Trading of iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 68.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,708 shares of the company’s stock worth $43,000 after buying an additional 692 shares during the period. RMG Wealth Management LLC acquired a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 1st quarter valued at approximately $95,000. Gould Capital LLC lifted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 52.6% in the 1st quarter. Gould Capital LLC now owns 4,666 shares of the company’s stock valued at $117,000 after acquiring an additional 1,609 shares in the last quarter. Motco lifted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 9.4% in the 4th quarter. Motco now owns 5,319 shares of the company’s stock valued at $134,000 after acquiring an additional 458 shares in the last quarter. Finally, WFA of San Diego LLC acquired a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 2nd quarter worth approximately $138,000.

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.