Valmark Advisers Inc. Has $909,000 Position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Valmark Advisers Inc. raised its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 5.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,666 shares of the company’s stock after purchasing an additional 481 shares during the period. Valmark Advisers Inc.’s holdings in iShares ESG Aware MSCI USA ETF were worth $909,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ESGU. TIAA Trust National Association acquired a new position in shares of iShares ESG Aware MSCI USA ETF in the third quarter valued at $428,520,000. International Assets Investment Management LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF in the fourth quarter valued at about $232,218,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares ESG Aware MSCI USA ETF in the third quarter valued at about $166,970,000. Sumitomo Mitsui Financial Group Inc. acquired a new position in shares of iShares ESG Aware MSCI USA ETF in the third quarter valued at about $100,202,000. Finally, Financial Gravity Asset Management Inc. grew its stake in shares of iShares ESG Aware MSCI USA ETF by 1,045.1% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,027,102 shares of the company’s stock valued at $96,455,000 after acquiring an additional 937,404 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of ESGU stock traded up $1.09 on Friday, hitting $111.62. The company’s stock had a trading volume of 573,782 shares, compared to its average volume of 910,220. The stock’s 50 day moving average is $112.40 and its 200-day moving average is $105.42. iShares ESG Aware MSCI USA ETF has a fifty-two week low of $88.86 and a fifty-two week high of $115.29. The company has a market capitalization of $12.32 billion, a PE ratio of 25.00 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a $0.3842 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.54 annualized dividend and a dividend yield of 1.38%.

iShares ESG Aware MSCI USA ETF Company 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.