iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Reaches New 12-Month Low – What’s Next?

Shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) reached a new 52-week low during trading on Wednesday. The stock traded as low as $24.50 and last traded at $24.4950, with a volume of 47576 shares. The stock had previously closed at $24.58.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Down 0.2%

The stock’s fifty day moving average price is $24.76 and its two-hundred day moving average price is $24.91.

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

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.0957 dividend. This is a boost from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0925. This represents a $1.15 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, September 1st.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SUSB. Bank of New York Mellon Corp grew its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% during the 1st quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock worth $16,814,000 after acquiring an additional 51,627 shares during the last quarter. Fisher Asset Management LLC lifted its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 7.4% in the fourth quarter. Fisher Asset Management LLC now owns 259,438 shares of the company’s stock valued at $6,548,000 after purchasing an additional 17,902 shares during the last quarter. Bartlett & CO. Wealth Management LLC boosted its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.0% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 94,598 shares of the company’s stock valued at $2,369,000 after purchasing an additional 9,402 shares during the period. Canandaigua National Bank & Trust Co. bought a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the second quarter worth approximately $2,009,000. Finally, CX Institutional increased its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.2% in the second quarter. CX Institutional now owns 41,406 shares of the company’s stock worth $1,035,000 after buying an additional 1,656 shares during the period.

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.