Sowell Financial Services LLC Buys 10,705 Shares of iShares ESG Aware MSCI USA ETF $ESGU

Sowell Financial Services LLC bought a new position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 10,705 shares of the company’s stock, valued at approximately $1,786,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake in iShares ESG Aware MSCI USA ETF by 21.7% in the 2nd quarter. NewEdge Advisors LLC now owns 127,139 shares of the company’s stock valued at $20,809,000 after buying an additional 22,684 shares during the last quarter. Wealthfront Advisers LLC lifted its position in shares of iShares ESG Aware MSCI USA ETF by 2.1% during the 1st quarter. Wealthfront Advisers LLC now owns 2,646,197 shares of the company’s stock worth $374,225,000 after buying an additional 54,889 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the 1st quarter worth approximately $546,000. Noble Wealth Partners LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the 2nd quarter worth approximately $2,205,000. Finally, Citadel Advisors LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the 2nd quarter worth approximately $3,715,000.

iShares ESG Aware MSCI USA ETF Stock Down 1.2%

ESGU stock opened at $167.17 on Friday. The firm has a market cap of $17.87 billion, a PE ratio of 25.34 and a beta of 1.03. The business has a 50 day moving average of $168.08 and a 200-day moving average of $163.50. iShares ESG Aware MSCI USA ETF has a 12-month low of $136.82 and a 12-month high of $171.09.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a dividend of $0.3813 per share. This represents a $1.53 dividend on an annualized basis and a yield of 0.9%. This is an increase from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.3431. The ex-dividend date was Tuesday, September 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.