Comerica Bank Trims Holdings in iShares ESG Aware MSCI USA ETF $ESGU

Comerica Bank decreased its position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 42.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,260 shares of the company’s stock after selling 6,854 shares during the quarter. Comerica Bank’s holdings in iShares ESG Aware MSCI USA ETF were worth $1,380,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC bought a new position in iShares ESG Aware MSCI USA ETF during the 4th quarter valued at about $419,000. AQR Capital Management LLC bought a new position in iShares ESG Aware MSCI USA ETF during the 1st quarter valued at about $824,000. Jane Street Group LLC bought a new position in iShares ESG Aware MSCI USA ETF during the 1st quarter valued at about $5,173,000. First Trust Advisors LP lifted its stake in iShares ESG Aware MSCI USA ETF by 15.5% during the 2nd quarter. First Trust Advisors LP now owns 6,463 shares of the company’s stock valued at $874,000 after acquiring an additional 866 shares during the period. Finally, Baird Financial Group Inc. lifted its stake in iShares ESG Aware MSCI USA ETF by 2.0% during the 2nd quarter. Baird Financial Group Inc. now owns 12,861 shares of the company’s stock valued at $1,740,000 after acquiring an additional 258 shares during the period.

iShares ESG Aware MSCI USA ETF Stock Performance

ESGU opened at $160.45 on Friday. The stock has a market capitalization of $16.96 billion, a P/E ratio of 25.34 and a beta of 1.03. The company’s 50-day simple moving average is $148.18 and its two-hundred day simple moving average is $148.78. iShares ESG Aware MSCI USA ETF has a 52-week low of $122.96 and a 52-week high of $160.54.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.3698 per share. The ex-dividend date was Tuesday, March 17th. This represents a $1.48 annualized dividend and a yield of 0.9%.

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.