14,506 Shares in iShares ESG Aware MSCI USA ETF $ESGU Purchased by Arax Advisory Partners

Arax Advisory Partners acquired a new position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) during the 4th quarter, HoldingsChannel reports. The firm acquired 14,506 shares of the company’s stock, valued at approximately $2,161,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ESGU. Bank of America Corp DE grew its position in iShares ESG Aware MSCI USA ETF by 3.2% in the 3rd quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock worth $1,964,029,000 after purchasing an additional 421,048 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares ESG Aware MSCI USA ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock worth $1,532,804,000 after purchasing an additional 411,010 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 74.1% in the third quarter. Citigroup Inc. now owns 618,989 shares of the company’s stock valued at $90,125,000 after acquiring an additional 263,387 shares in the last quarter. Bank of Nova Scotia bought a new position in shares of iShares ESG Aware MSCI USA ETF in the third quarter valued at approximately $27,067,000. Finally, National Bank of Canada FI boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 100.1% in the third quarter. National Bank of Canada FI now owns 363,600 shares of the company’s stock valued at $52,940,000 after acquiring an additional 181,900 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

iShares ESG Aware MSCI USA ETF stock opened at $164.78 on Tuesday. The firm has a 50 day simple moving average of $157.78 and a 200-day simple moving average of $151.63. The stock has a market capitalization of $17.42 billion, a PE ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a 12-month low of $129.39 and a 12-month high of $166.46.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be issued a $0.3431 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.37 annualized dividend and a dividend yield of 0.8%.

iShares ESG Aware MSCI USA ETF Company Profile

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.