Envestnet Portfolio Solutions Inc. Has $49.69 Million Holdings in iShares ESG Aware MSCI USA ETF $ESGU

Envestnet Portfolio Solutions Inc. cut its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 9.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 333,501 shares of the company’s stock after selling 36,297 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares ESG Aware MSCI USA ETF were worth $49,685,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Brighton Jones LLC bought a new position in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at $419,000. AQR Capital Management LLC bought a new stake in shares of iShares ESG Aware MSCI USA ETF during the first quarter worth $824,000. Jane Street Group LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF during the first quarter valued at $5,173,000. First Trust Advisors LP lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 15.5% during the second 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. boosted its holdings in iShares ESG Aware MSCI USA ETF by 2.0% in the second 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 last quarter.

iShares ESG Aware MSCI USA ETF Stock Up 0.0%

Shares of ESGU stock opened at $160.81 on Tuesday. The firm has a market cap of $17.00 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a 12 month low of $125.98 and a 12 month high of $163.15. The stock has a 50-day moving average price of $149.87 and a 200 day moving average price of $149.44.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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

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.