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

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a large drop in short interest in February. As of February 27th, there was short interest totaling 14,284 shares, a drop of 75.0% from the February 12th total of 57,204 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 188,291 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 188,291 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 11.2% during the 4th quarter. NewEdge Advisors LLC now owns 104,374 shares of the company’s stock valued at $2,441,000 after purchasing an additional 10,514 shares in the last quarter. Advisory Services Network LLC grew its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 6.6% in the 4th quarter. Advisory Services Network LLC now owns 64,531 shares of the company’s stock worth $1,509,000 after purchasing an additional 4,000 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 96.8% in the 4th quarter. Captrust Financial Advisors now owns 37,505 shares of the company’s stock worth $877,000 after purchasing an additional 18,448 shares in the last quarter. Cornerstone Financial Management LLC acquired a new stake in iShares ESG Aware USD Corporate Bond ETF during the fourth quarter valued at approximately $370,000. Finally, Integrated Wealth Concepts LLC lifted its stake in iShares ESG Aware USD Corporate Bond ETF by 5.8% during the fourth quarter. Integrated Wealth Concepts LLC now owns 35,795 shares of the company’s stock valued at $837,000 after purchasing an additional 1,958 shares during the last quarter.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.5%

Shares of SUSC stock opened at $23.34 on Wednesday. iShares ESG Aware USD Corporate Bond ETF has a 1 year low of $22.15 and a 1 year high of $23.85. The business’s fifty day moving average is $23.48 and its 200-day moving average is $23.50.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.0863 per share. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.