Brookstone Capital Management Buys 17,761 Shares of iShares ESG Aware MSCI USA ETF $ESGU

Brookstone Capital Management boosted its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 7.9% in the first quarter, HoldingsChannel reports. The firm owned 241,479 shares of the company’s stock after acquiring an additional 17,761 shares during the period. Brookstone Capital Management’s holdings in iShares ESG Aware MSCI USA ETF were worth $34,150,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in ESGU. Strategic Point Investment Advisors LLC boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 0.5% in the 3rd quarter. Strategic Point Investment Advisors LLC now owns 12,840 shares of the company’s stock worth $1,870,000 after buying an additional 70 shares during the last quarter. Investors Research Corp lifted its holdings in iShares ESG Aware MSCI USA ETF by 5.6% in the fourth quarter. Investors Research Corp now owns 1,418 shares of the company’s stock valued at $211,000 after acquiring an additional 75 shares during the period. Fort Point Capital Partners LLC lifted its holdings in iShares ESG Aware MSCI USA ETF by 2.8% in the fourth quarter. Fort Point Capital Partners LLC now owns 2,780 shares of the company’s stock valued at $420,000 after acquiring an additional 77 shares during the period. Essex Financial Services Inc. lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 3.0% in the 4th quarter. Essex Financial Services Inc. now owns 2,781 shares of the company’s stock worth $414,000 after purchasing an additional 80 shares during the period. Finally, Keystone Financial Services boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 1.3% in the third quarter. Keystone Financial Services now owns 6,587 shares of the company’s stock worth $959,000 after buying an additional 84 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

ESGU opened at $163.23 on Monday. iShares ESG Aware MSCI USA ETF has a 1-year low of $129.39 and a 1-year high of $166.46. The firm’s 50 day simple moving average is $159.28 and its two-hundred day simple moving average is $152.03. The company has a market capitalization of $17.25 billion, a PE ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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

About iShares ESG Aware MSCI USA ETF

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.