iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Stock Price Up 0.8% – Time to Buy?

by · The Markets Daily

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC – Get Free Report) shares were up 0.8% on Thursday. The company traded as high as $22.37 and last traded at $22.34. Approximately 236,338 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 289,667 shares. The stock had previously closed at $22.16.

iShares ESG Aware USD Corporate Bond ETF Price Performance

The stock’s 50 day moving average price is $22.33 and its 200-day moving average price is $22.77.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.0889 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.07 annualized dividend and a yield of 4.8%. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.0887.

Institutional Investors Weigh In On iShares ESG Aware USD Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of SUSC. Bank of New York Mellon Corp lifted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 23.1% in the first quarter. Bank of New York Mellon Corp now owns 433,360 shares of the company’s stock valued at $10,027,000 after acquiring an additional 81,362 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 5.7% in the first quarter. Janney Montgomery Scott LLC now owns 268,193 shares of the company’s stock worth $6,205,000 after acquiring an additional 14,343 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 6.0% in the third quarter. Farther Finance Advisors LLC now owns 121,753 shares of the company’s stock worth $2,672,000 after acquiring an additional 6,942 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of iShares ESG Aware USD Corporate Bond ETF by 6.1% during the first quarter. EverSource Wealth Advisors LLC now owns 48,098 shares of the company’s stock worth $1,113,000 after purchasing an additional 2,768 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its position in shares of iShares ESG Aware USD Corporate Bond ETF by 37.8% during the first quarter. Venturi Wealth Management LLC now owns 31,968 shares of the company’s stock worth $740,000 after purchasing an additional 8,768 shares in the last quarter.

About iShares ESG Aware USD Corporate Bond ETF

(Get Free Report)

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.

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