Short Interest in iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Declines By 90.6%

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 10,348 shares, a drop of 90.6% from the May 14th total of 110,436 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,105,124 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of iShares ESG Aware USD Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC grew its position in shares of iShares ESG Aware USD Corporate Bond ETF by 1.7% during the second quarter. NewEdge Advisors LLC now owns 87,097 shares of the company’s stock worth $2,023,000 after acquiring an additional 1,472 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 11.3% during the third quarter. Jones Financial Companies Lllp now owns 25,856 shares of the company’s stock worth $608,000 after buying an additional 2,628 shares during the period. Western Wealth Management LLC acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF during the third quarter worth about $210,000. True Link Financial Advisors LLC acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF during the third quarter worth about $211,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 13.4% during the third quarter. PNC Financial Services Group Inc. now owns 3,925 shares of the company’s stock worth $92,000 after buying an additional 465 shares during the period.

iShares ESG Aware USD Corporate Bond ETF Stock Up 0.7%

Shares of NASDAQ:SUSC traded up $0.15 during trading on Thursday, hitting $23.13. 267,535 shares of the company were exchanged, compared to its average volume of 320,583. iShares ESG Aware USD Corporate Bond ETF has a 12-month low of $22.77 and a 12-month high of $23.85. The firm’s 50 day moving average price is $23.12 and its 200-day moving average price is $23.31.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.0885 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Monday, June 1st.

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.