iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Strong Trading Volume – Should You Buy?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw strong trading volume on Thursday . 1,021,065 shares were traded during mid-day trading, an increase of 302% from the previous session’s volume of 254,245 shares.The stock last traded at $23.15 and had previously closed at $23.13.

iShares ESG Aware USD Corporate Bond ETF Price Performance

The firm’s 50-day moving average price is $23.11 and its two-hundred day moving average price is $23.33.

iShares ESG Aware USD Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.0876 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, May 1st.

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

Several hedge funds have recently modified their holdings of SUSC. NewEdge Advisors LLC lifted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 1.7% in the 2nd quarter. NewEdge Advisors LLC now owns 87,097 shares of the company’s stock worth $2,023,000 after purchasing an additional 1,472 shares during the period. Golden State Wealth Management LLC lifted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 5.3% in the 3rd quarter. Golden State Wealth Management LLC now owns 18,370 shares of the company’s stock worth $433,000 after purchasing an additional 919 shares during the period. Transcend Capital Advisors LLC purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 3rd quarter worth approximately $206,000. Jones Financial Companies Lllp lifted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 11.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 25,856 shares of the company’s stock worth $608,000 after purchasing an additional 2,628 shares during the period. Finally, Western Wealth Management LLC purchased a new stake in iShares ESG Aware USD Corporate Bond ETF during the third quarter valued at approximately $210,000.

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.