iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Strong Trading Volume – Should You Buy?

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) shares saw strong trading volume on Thursday . 320,035 shares traded hands during trading, an increase of 30% from the previous session’s volume of 246,160 shares.The stock last traded at $23.08 and had previously closed at $22.95.

iShares ESG Aware USD Corporate Bond ETF Trading Up 0.7 %

The stock has a 50-day simple moving average of $23.51 and a 200 day simple moving average of $23.11.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.0829 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.31%. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Friday, November 1st.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SUSC. ORG Partners LLC purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the second quarter valued at $53,000. GPS Wealth Strategies Group LLC boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 57.8% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 3,229 shares of the company’s stock worth $73,000 after purchasing an additional 1,183 shares during the last quarter. Rockport Wealth LLC purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF during the first quarter worth about $233,000. Comerica Bank raised its position in shares of iShares ESG Aware USD Corporate Bond ETF by 31.1% in the first quarter. Comerica Bank now owns 10,410 shares of the company’s stock valued at $239,000 after buying an additional 2,467 shares during the last quarter. Finally, Transcend Capital Advisors LLC lifted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 4.3% during the second quarter. Transcend Capital Advisors LLC now owns 13,634 shares of the company’s stock valued at $310,000 after buying an additional 556 shares during the period.

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.