Short Interest in iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Declines By 37.8%

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 39,300 shares, a decrease of 37.8% from the October 31st total of 63,200 shares. Based on an average daily volume of 201,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. lifted its holdings in iShares ESG Aware USD Corporate Bond ETF by 24.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 218,223 shares of the company’s stock valued at $4,958,000 after purchasing an additional 42,727 shares in the last quarter. Invera Wealth Advisors LLC lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 8.6% during the 2nd quarter. Invera Wealth Advisors LLC now owns 213,681 shares of the company’s stock worth $4,915,000 after acquiring an additional 16,936 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 0.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 111,231 shares of the company’s stock worth $2,646,000 after acquiring an additional 652 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 13.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 61,724 shares of the company’s stock worth $1,468,000 after acquiring an additional 7,412 shares during the period. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the 2nd quarter worth about $754,000.

iShares ESG Aware USD Corporate Bond ETF Price Performance

NASDAQ:SUSC traded up $0.13 on Friday, reaching $23.37. The stock had a trading volume of 140,955 shares, compared to its average volume of 252,343. The firm’s fifty day moving average is $23.30 and its two-hundred day moving average is $23.18. iShares ESG Aware USD Corporate Bond ETF has a 12-month low of $22.18 and a 12-month high of $23.97.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.0829 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.26%. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Friday, November 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.