iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Strong Trading Volume – What’s Next?

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw unusually-high trading volume on Wednesday. 193,938 shares changed hands during mid-day trading, an increase of 347% from the average daily volume of 43,401 shares. The stock last traded at $78.1490 and had previously closed at $76.72.

iShares Paris-Aligned Climate MSCI USA ETF Stock Up 0.5%

The company has a market cap of $2.35 billion, a price-to-earnings ratio of 29.98 and a beta of 1.07. The company’s fifty day moving average price is $78.65 and its two-hundred day moving average price is $74.72.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a $0.1923 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.77 annualized dividend and a dividend yield of 1.0%. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.1606.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.