Birchwood Financial Partners Inc. Makes New Investment in iShares ESG Aware MSCI USA ETF $ESGU

Birchwood Financial Partners Inc. bought a new position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 48,088 shares of the company’s stock, valued at approximately $7,164,000. iShares ESG Aware MSCI USA ETF comprises 7.1% of Birchwood Financial Partners Inc.’s investment portfolio, making the stock its largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ESGU. Bank of America Corp DE raised its position in shares of iShares ESG Aware MSCI USA ETF by 3.2% during the third quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock worth $1,964,029,000 after acquiring an additional 421,048 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares ESG Aware MSCI USA ETF by 4.2% in the fourth quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock valued at $1,532,804,000 after acquiring an additional 411,010 shares during the last quarter. TIAA Trust National Association boosted its holdings in iShares ESG Aware MSCI USA ETF by 0.8% in the fourth quarter. TIAA Trust National Association now owns 5,986,011 shares of the company’s stock valued at $897,324,000 after acquiring an additional 47,266 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in iShares ESG Aware MSCI USA ETF by 3.6% in the fourth quarter. Wealthfront Advisers LLC now owns 2,591,308 shares of the company’s stock valued at $386,053,000 after acquiring an additional 90,420 shares during the last quarter. Finally, Acorns Advisers LLC increased its position in iShares ESG Aware MSCI USA ETF by 0.8% in the fourth quarter. Acorns Advisers LLC now owns 2,565,822 shares of the company’s stock worth $382,256,000 after purchasing an additional 21,004 shares during the period.

iShares ESG Aware MSCI USA ETF Trading Up 1.0%

Shares of NASDAQ:ESGU opened at $163.23 on Friday. iShares ESG Aware MSCI USA ETF has a 1-year low of $129.39 and a 1-year high of $166.46. The stock has a market capitalization of $17.25 billion, a P/E ratio of 25.34 and a beta of 1.03. The business has a 50-day moving average price of $158.96 and a two-hundred day moving average price of $151.93.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.3431 dividend. This represents a $1.37 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, June 15th.

iShares ESG Aware MSCI USA ETF 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.