iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Reaches New 52-Week Low – Should You Sell?

Shares of iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $22.77 and last traded at $22.77, with a volume of 3393 shares trading hands. The stock had previously closed at $22.91.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.1%

The firm has a 50 day moving average price of $23.02 and a 200 day moving average price of $23.21.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.088 dividend. The ex-dividend date was Wednesday, July 1st. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.09.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Fisher Asset Management LLC lifted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 3.9% during the 4th quarter. Fisher Asset Management LLC now owns 794,901 shares of the company’s stock valued at $18,589,000 after buying an additional 29,695 shares in the last quarter. Napier Financial LLC purchased a new stake in iShares ESG Aware USD Corporate Bond ETF in the 4th quarter worth $510,000. Cary Street Partners Financial LLC bought a new stake in iShares ESG Aware USD Corporate Bond ETF during the fourth quarter valued at about $114,000. EverSource Wealth Advisors LLC raised its holdings in iShares ESG Aware USD Corporate Bond ETF by 4.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 45,330 shares of the company’s stock valued at $1,060,000 after acquiring an additional 1,754 shares during the period. Finally, Western Wealth Management LLC lifted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 29.0% in the fourth quarter. Western Wealth Management LLC now owns 11,515 shares of the company’s stock valued at $269,000 after acquiring an additional 2,589 shares in the last quarter.

iShares ESG Aware USD Corporate Bond ETF Company Profile

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.