NewEdge Advisors LLC Increases Stake in iShares ESG Advanced MSCI USA ETF $USXF

NewEdge Advisors LLC raised its stake in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) by 18.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 55,868 shares of the company’s stock after acquiring an additional 8,833 shares during the period. NewEdge Advisors LLC’s holdings in iShares ESG Advanced MSCI USA ETF were worth $3,084,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Orion Porfolio Solutions LLC boosted its stake in shares of iShares ESG Advanced MSCI USA ETF by 751.0% during the second quarter. Orion Porfolio Solutions LLC now owns 402,982 shares of the company’s stock valued at $22,910,000 after purchasing an additional 355,630 shares during the period. Apella Capital LLC purchased a new position in shares of iShares ESG Advanced MSCI USA ETF in the first quarter worth $12,653,000. Sei Investments Co. raised its holdings in iShares ESG Advanced MSCI USA ETF by 15.0% during the 2nd quarter. Sei Investments Co. now owns 715,184 shares of the company’s stock valued at $38,570,000 after buying an additional 93,098 shares during the last quarter. Raymond James Financial Inc. raised its holdings in iShares ESG Advanced MSCI USA ETF by 318.0% during the 3rd quarter. Raymond James Financial Inc. now owns 104,620 shares of the company’s stock valued at $5,996,000 after buying an additional 79,592 shares during the last quarter. Finally, Avise Financial Cooperative Inc. purchased a new stake in iShares ESG Advanced MSCI USA ETF during the 4th quarter valued at $3,775,000.

iShares ESG Advanced MSCI USA ETF Trading Up 0.8%

iShares ESG Advanced MSCI USA ETF stock opened at $70.48 on Friday. The firm has a 50-day moving average of $67.64 and a 200-day moving average of $63.00. The firm has a market cap of $1.50 billion, a P/E ratio of 28.41 and a beta of 1.09. iShares ESG Advanced MSCI USA ETF has a 1-year low of $53.05 and a 1-year high of $70.70.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.1226 per share. The ex-dividend date was Monday, June 15th. This represents a $0.49 dividend on an annualized basis and a dividend yield of 0.7%.

iShares ESG Advanced MSCI USA ETF Profile

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.