iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Drop in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 38,400 shares, a decrease of 23.4% from the January 31st total of 50,100 shares. Based on an average daily trading volume, of 211,200 shares, the short-interest ratio is presently 0.2 days.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Marshall & Sterling Wealth Advisors Inc. purchased a new position in iShares ESG Aware USD Corporate Bond ETF during the fourth quarter valued at $38,000. Ameriflex Group Inc. bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the 4th quarter valued at about $59,000. Morton Brown Family Wealth LLC grew its position in shares of iShares ESG Aware USD Corporate Bond ETF by 51.1% during the fourth quarter. Morton Brown Family Wealth LLC now owns 6,796 shares of the company’s stock valued at $154,000 after purchasing an additional 2,299 shares in the last quarter. ST Germain D J Co. Inc. bought a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the fourth quarter worth about $193,000. Finally, Jones Financial Companies Lllp lifted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 6.8% in the fourth quarter. Jones Financial Companies Lllp now owns 9,782 shares of the company’s stock worth $222,000 after buying an additional 625 shares in the last quarter.

iShares ESG Aware USD Corporate Bond ETF Stock Performance

Shares of iShares ESG Aware USD Corporate Bond ETF stock opened at $23.07 on Thursday. The stock’s 50-day simple moving average is $22.82 and its 200-day simple moving average is $23.16. iShares ESG Aware USD Corporate Bond ETF has a 52 week low of $22.18 and a 52 week high of $23.97.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a $0.0845 dividend. The ex-dividend date is Monday, March 3rd. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.08.

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.