iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Significant Decline in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 69,700 shares, a decrease of 32.5% from the February 13th total of 103,300 shares. Based on an average trading volume of 198,200 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Price Performance

SUSB stock opened at $24.85 on Monday. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a fifty-two week low of $24.17 and a fifty-two week high of $25.20. The business’s 50-day moving average is $24.80 and its two-hundred day moving average is $24.86.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.0928 dividend. This is an increase from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Central Pacific Bank Trust Division lifted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 19.3% in the fourth quarter. Central Pacific Bank Trust Division now owns 13,134 shares of the company’s stock valued at $324,000 after acquiring an additional 2,123 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 332.8% in the third quarter. JPMorgan Chase & Co. now owns 392,337 shares of the company’s stock valued at $9,871,000 after acquiring an additional 301,684 shares during the period. Farther Finance Advisors LLC increased its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 167.2% in the third quarter. Farther Finance Advisors LLC now owns 1,761 shares of the company’s stock worth $44,000 after buying an additional 1,102 shares in the last quarter. Canandaigua National Bank & Trust Co. increased its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 2.9% in the fourth quarter. Canandaigua National Bank & Trust Co. now owns 74,703 shares of the company’s stock worth $1,845,000 after buying an additional 2,103 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 1.8% in the fourth quarter. Bank of New York Mellon Corp now owns 569,483 shares of the company’s stock worth $14,066,000 after buying an additional 10,145 shares in the last quarter.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index.