AlTi Global Inc. Has $17.46 Million Position in iShares ESG Aware MSCI USA ETF $ESGU

AlTi Global Inc. raised its position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 4.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 123,498 shares of the company’s stock after buying an additional 5,090 shares during the period. AlTi Global Inc.’s holdings in iShares ESG Aware MSCI USA ETF were worth $17,465,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in shares of iShares ESG Aware MSCI USA ETF in the 4th quarter valued at about $419,000. AQR Capital Management LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF during the first quarter worth about $824,000. Jane Street Group LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF during the first quarter worth about $5,173,000. First Trust Advisors LP lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 15.5% in the second quarter. First Trust Advisors LP now owns 6,463 shares of the company’s stock worth $874,000 after acquiring an additional 866 shares during the period. Finally, Baird Financial Group Inc. lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 2.0% in the second quarter. Baird Financial Group Inc. now owns 12,861 shares of the company’s stock worth $1,740,000 after acquiring an additional 258 shares during the period.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of ESGU stock opened at $163.06 on Monday. The stock has a market capitalization of $17.72 billion, a PE ratio of 25.34 and a beta of 1.03. The business’s 50 day simple moving average is $162.96 and its 200 day simple moving average is $153.99. iShares ESG Aware MSCI USA ETF has a one year low of $135.34 and a one year high of $166.46.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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

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.