NewEdge Wealth LLC Has $779,000 Stock 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% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,505 shares of the company’s stock after acquiring an additional 3,402 shares during the period. NewEdge Wealth LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $779,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CI Investments Inc. lifted its position in shares of iShares ESG Aware MSCI USA ETF by 14.8% in the 1st quarter. CI Investments Inc. now owns 6,600 shares of the company’s stock worth $933,000 after purchasing an additional 850 shares during the period. PNC Financial Services Group Inc. increased its position in shares of iShares ESG Aware MSCI USA ETF by 20.1% during the first quarter. PNC Financial Services Group Inc. now owns 2,850 shares of the company’s stock worth $403,000 after buying an additional 477 shares during the period. Legacy Wealth Managment LLC ID raised its stake in iShares ESG Aware MSCI USA ETF by 6.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 4,040 shares of the company’s stock worth $571,000 after buying an additional 231 shares during the last quarter. AlTi Global Inc. raised its stake in iShares ESG Aware MSCI USA ETF by 4.3% during the first quarter. AlTi Global Inc. now owns 123,498 shares of the company’s stock worth $17,465,000 after buying an additional 5,090 shares during the last quarter. Finally, Scarborough Advisors LLC lifted its holdings in iShares ESG Aware MSCI USA ETF by 94.3% in the first quarter. Scarborough Advisors LLC now owns 3,324 shares of the company’s stock valued at $470,000 after buying an additional 1,613 shares during the period.

iShares ESG Aware MSCI USA ETF Trading Up 0.0%

Shares of ESGU opened at $162.09 on Tuesday. The stock has a market capitalization of $17.73 billion, a P/E ratio of 25.34 and a beta of 1.03. The firm’s fifty day simple moving average is $163.14 and its two-hundred day simple moving average is $154.54. iShares ESG Aware MSCI USA ETF has a 12 month low of $135.34 and a 12 month high of $166.46.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm 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.