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

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 38,400 shares, a decline 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 currently 0.2 days.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

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

iShares ESG Aware USD Corporate Bond ETF Price Performance

Shares of SUSC opened at $23.18 on Tuesday. iShares ESG Aware USD Corporate Bond ETF has a 52 week low of $22.18 and a 52 week high of $23.97. The business’s 50 day moving average price is $22.80 and its 200-day moving average price is $23.17.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.0845 per share. 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.

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.