Parallel Advisors LLC Raises Stock Position in iShares ESG Aware MSCI USA ETF $ESGU

Parallel Advisors LLC grew its stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 10.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,616 shares of the company’s stock after acquiring an additional 5,324 shares during the period. Parallel Advisors LLC owned about 0.06% of iShares ESG Aware MSCI USA ETF worth $8,290,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Elyxium Wealth LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at approximately $25,000. Triumph Capital Management acquired a new stake in iShares ESG Aware MSCI USA ETF in the third quarter valued at $34,000. Evolution Wealth Management Inc. grew its holdings in iShares ESG Aware MSCI USA ETF by 64.9% in the fourth quarter. Evolution Wealth Management Inc. now owns 282 shares of the company’s stock valued at $42,000 after purchasing an additional 111 shares during the last quarter. Commonwealth Retirement Investments LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the fourth quarter valued at $42,000. Finally, Wellington Grp LLC increased its position in shares of iShares ESG Aware MSCI USA ETF by 74.7% in the first quarter. Wellington Grp LLC now owns 304 shares of the company’s stock valued at $43,000 after buying an additional 130 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Stock Down 0.2%

NASDAQ:ESGU opened at $168.76 on Thursday. iShares ESG Aware MSCI USA ETF has a 52-week low of $136.82 and a 52-week high of $170.40. The stock has a fifty day simple moving average of $163.47 and a 200-day simple moving average of $155.21. The company has a market capitalization of $18.30 billion, a PE ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.3431 per share. The ex-dividend date was Monday, June 15th. This represents a $1.37 dividend on an annualized basis and a yield of 0.8%.

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.