Wealthfront Advisers LLC Raises Stock Holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Wealthfront Advisers LLC raised its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 8.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,173,670 shares of the company’s stock after purchasing an additional 171,405 shares during the period. iShares ESG Aware MSCI USA ETF comprises 0.8% of Wealthfront Advisers LLC’s holdings, making the stock its 23rd largest position. Wealthfront Advisers LLC owned about 2.10% of iShares ESG Aware MSCI USA ETF worth $264,992,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Future You Wealth LLC raised its position in shares of iShares ESG Aware MSCI USA ETF by 73.8% during the 1st quarter. Future You Wealth LLC now owns 3,109 shares of the company’s stock worth $379,000 after purchasing an additional 1,320 shares during the last quarter. Grey Fox Wealth Advisors LLC increased its stake in iShares ESG Aware MSCI USA ETF by 21.2% during the 1st quarter. Grey Fox Wealth Advisors LLC now owns 3,389 shares of the company’s stock worth $413,000 after buying an additional 592 shares in the last quarter. Pittenger & Anderson Inc. raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 49.0% during the first quarter. Pittenger & Anderson Inc. now owns 5,244 shares of the company’s stock valued at $639,000 after acquiring an additional 1,724 shares during the last quarter. Diversify Wealth Management LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the first quarter valued at approximately $258,000. Finally, Weil Company Inc. lifted its position in shares of iShares ESG Aware MSCI USA ETF by 411.7% in the first quarter. Weil Company Inc. now owns 28,617 shares of the company’s stock valued at $3,489,000 after acquiring an additional 23,024 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of ESGU stock opened at $136.34 on Tuesday. The stock’s fifty day moving average is $130.82 and its two-hundred day moving average is $127.32. The firm has a market capitalization of $13.84 billion, a P/E ratio of 25.34 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a fifty-two week low of $105.18 and a fifty-two week high of $136.85.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were given a $0.3229 dividend. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.95%. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Monday, June 16th.

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.