Focus Partners Advisor Solutions LLC Purchases 12,389 Shares of iShares ESG Aware MSCI USA ETF $ESGU

Focus Partners Advisor Solutions LLC increased its position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 53.8% during the fourth quarter, HoldingsChannel reports. The fund owned 35,404 shares of the company’s stock after buying an additional 12,389 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $5,275,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of iShares ESG Aware MSCI USA ETF by 3.2% during the 3rd quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock valued at $1,964,029,000 after purchasing an additional 421,048 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares ESG Aware MSCI USA ETF by 4.2% in the fourth quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock worth $1,532,804,000 after purchasing an additional 411,010 shares during the last quarter. TIAA Trust National Association raised its stake in shares of iShares ESG Aware MSCI USA ETF by 0.8% in the fourth quarter. TIAA Trust National Association now owns 5,986,011 shares of the company’s stock worth $897,324,000 after purchasing an additional 47,266 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of iShares ESG Aware MSCI USA ETF by 3.6% in the fourth quarter. Wealthfront Advisers LLC now owns 2,591,308 shares of the company’s stock worth $386,053,000 after purchasing an additional 90,420 shares during the last quarter. Finally, Acorns Advisers LLC raised its stake in shares of iShares ESG Aware MSCI USA ETF by 0.8% in the third quarter. Acorns Advisers LLC now owns 2,544,818 shares of the company’s stock worth $370,525,000 after purchasing an additional 19,417 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Stock Down 0.2%

ESGU stock opened at $161.24 on Wednesday. The firm has a market cap of $17.04 billion, a PE ratio of 25.34 and a beta of 1.03. The business has a 50 day moving average of $156.12 and a 200-day moving average of $151.17. iShares ESG Aware MSCI USA ETF has a 12-month low of $129.39 and a 12-month high of $166.46.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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

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.