NewEdge Advisors LLC Decreases Holdings in iShares ESG Aware MSCI USA ETF $ESGU

NewEdge Advisors LLC cut its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 10.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,455 shares of the company’s stock after selling 12,521 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $14,772,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Flagship Wealth Advisors LLC lifted its position in iShares ESG Aware MSCI USA ETF by 29.2% during the 1st quarter. Flagship Wealth Advisors LLC now owns 531 shares of the company’s stock worth $72,000 after acquiring an additional 120 shares in the last quarter. WNY Asset Management LLC purchased a new stake in shares of iShares ESG Aware MSCI USA ETF during the first quarter valued at approximately $1,397,000. Wellington Grp LLC lifted its position in shares of iShares ESG Aware MSCI USA ETF by 74.7% during the first quarter. Wellington Grp LLC now owns 304 shares of the company’s stock worth $43,000 after purchasing an additional 130 shares in the last quarter. GTS Financial LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the first quarter valued at $859,000. Finally, Bank of America Corp DE grew its holdings in iShares ESG Aware MSCI USA ETF by 3.5% during the 1st quarter. Bank of America Corp DE now owns 13,803,021 shares of the company’s stock valued at $1,952,023,000 after purchasing an additional 467,558 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

NASDAQ:ESGU opened at $169.53 on Friday. The firm has a 50-day moving average of $163.63 and a two-hundred day moving average of $155.44. The stock has a market cap of $18.39 billion, a P/E ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a 1-year low of $136.82 and a 1-year high of $170.40.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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

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.