iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Unusually-High Trading Volume – Here’s Why

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) shares saw unusually-high trading volume on Tuesday . Approximately 279,475 shares changed hands during trading, an increase of 38% from the previous session’s volume of 202,671 shares.The stock last traded at $22.72 and had previously closed at $22.79.

iShares ESG Aware USD Corporate Bond ETF Price Performance

The company has a 50-day moving average price of $22.80 and a two-hundred day moving average price of $22.89.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were paid a $0.0853 dividend. The ex-dividend date was Thursday, May 1st. This represents a $1.02 annualized dividend and a dividend yield of 4.50%. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC raised its position in shares of iShares ESG Aware USD Corporate Bond ETF by 1.6% during the first quarter. Integrated Wealth Concepts LLC now owns 29,372 shares of the company’s stock worth $677,000 after purchasing an additional 455 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares ESG Aware USD Corporate Bond ETF by 1.7% during the first quarter. Ameriprise Financial Inc. now owns 1,719,711 shares of the company’s stock worth $39,662,000 after buying an additional 28,806 shares in the last quarter. Gen Wealth Partners Inc purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the first quarter valued at about $30,000. Whittier Trust Co. lifted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 68.0% during the 1st quarter. Whittier Trust Co. now owns 9,240 shares of the company’s stock worth $213,000 after buying an additional 3,740 shares in the last quarter. Finally, Invera Wealth Advisors LLC lifted its holdings in iShares ESG Aware USD Corporate Bond ETF by 2.5% during the first quarter. Invera Wealth Advisors LLC now owns 232,333 shares of the company’s stock worth $5,358,000 after acquiring an additional 5,705 shares during the period.

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.