NewEdge Wealth LLC Has $779,000 Position in iShares ESG Aware MSCI USA ETF $ESGU

NewEdge Wealth LLC boosted its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 161.8% in the first quarter, HoldingsChannel reports. The firm owned 5,505 shares of the company’s stock after buying an additional 3,402 shares during the period. NewEdge Wealth LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $779,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elyxium Wealth LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF during the 4th quarter worth about $25,000. Triumph Capital Management acquired a new position in iShares ESG Aware MSCI USA ETF during the 3rd quarter worth approximately $34,000. Evolution Wealth Management Inc. boosted its holdings in iShares ESG Aware MSCI USA ETF by 64.9% in the fourth quarter. Evolution Wealth Management Inc. now owns 282 shares of the company’s stock worth $42,000 after acquiring an additional 111 shares in the last quarter. Commonwealth Retirement Investments LLC acquired a new stake in iShares ESG Aware MSCI USA ETF in the fourth quarter valued at approximately $42,000. Finally, Key Capital Management INC bought a new stake in shares of iShares ESG Aware MSCI USA ETF during the fourth quarter valued at approximately $47,000.

iShares ESG Aware MSCI USA ETF Stock Up 0.0%

Shares of NASDAQ:ESGU opened at $162.09 on Tuesday. iShares ESG Aware MSCI USA ETF has a twelve month low of $135.34 and a twelve month high of $166.46. The stock’s 50 day moving average is $163.14 and its 200-day moving average is $154.54. The firm has a market capitalization of $17.73 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.3431 per share. This represents a $1.37 dividend on an annualized basis 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.