iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Hits New 52-Week Low – Should You Sell?

Shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $24.38 and last traded at $24.40, with a volume of 130492 shares changing hands. The stock had previously closed at $24.47.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Trading Up 0.0%

The stock has a 50-day moving average of $24.72 and a 200 day moving average of $24.89.

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

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

Hedge Funds Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Canandaigua National Bank & Trust Co. purchased a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 2nd quarter valued at $2,009,000. Bank of New York Mellon Corp increased its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% in 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. Cornerstone Financial Management LLC purchased a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 4th quarter worth about $352,000. Parallel Advisors LLC raised its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 97.1% in the 1st quarter. Parallel Advisors LLC now owns 21,571 shares of the company’s stock valued at $541,000 after acquiring an additional 10,627 shares during the period. Finally, Bartlett & CO. Wealth Management LLC raised its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.0% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 94,598 shares of the company’s stock valued at $2,369,000 after acquiring an additional 9,402 shares during the period.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

(Get Free Report)

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.

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