iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Trading Up 0% – Still a Buy?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) shares were up 0% during mid-day trading on Thursday . The stock traded as high as $23.47 and last traded at $23.47. Approximately 202,695 shares traded hands during trading, an increase of 7% from the average daily volume of 190,058 shares. The stock had previously closed at $23.46.

iShares ESG Aware USD Corporate Bond ETF Price Performance

The business’s fifty day moving average is $23.45 and its two-hundred day moving average is $23.43.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a $0.0887 dividend. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC raised its position in iShares ESG Aware USD Corporate Bond ETF by 58.8% during the second quarter. Janney Montgomery Scott LLC now owns 150,984 shares of the company’s stock valued at $3,507,000 after purchasing an additional 55,910 shares during the period. First Horizon Advisors Inc. lifted its position in iShares ESG Aware USD Corporate Bond ETF by 112.2% in the second quarter. First Horizon Advisors Inc. now owns 23,384 shares of the company’s stock worth $543,000 after buying an additional 12,363 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares ESG Aware USD Corporate Bond ETF by 5.7% during the second quarter. JPMorgan Chase & Co. now owns 3,879,448 shares of the company’s stock worth $90,120,000 after buying an additional 209,761 shares during the period. Fisher Asset Management LLC increased its position in iShares ESG Aware USD Corporate Bond ETF by 3.2% during the second quarter. Fisher Asset Management LLC now owns 1,018,357 shares of the company’s stock valued at $23,656,000 after acquiring an additional 31,308 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the second quarter valued at $86,000.

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.