International Assets Investment Management LLC Reduces Stock Holdings in iShares ESG Aware MSCI USA ETF $ESGU

International Assets Investment Management LLC lowered its stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 79.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,724 shares of the company’s stock after selling 6,472 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $246,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Elyxium Wealth LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the 4th quarter valued at $25,000. Triumph Capital Management purchased a new stake in iShares ESG Aware MSCI USA ETF in the third quarter valued at $34,000. Commonwealth Retirement Investments LLC purchased a new stake in iShares ESG Aware MSCI USA ETF in the fourth quarter valued at $42,000. Evolution Wealth Management Inc. boosted its stake 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 acquiring an additional 111 shares in the last quarter. Finally, Key Capital Management INC acquired a new position in iShares ESG Aware MSCI USA ETF in the fourth quarter valued at $47,000.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of ESGU stock opened at $164.80 on Friday. The stock’s 50-day moving average is $162.91 and its two-hundred day moving average is $153.90. iShares ESG Aware MSCI USA ETF has a 1 year low of $135.34 and a 1 year high of $166.46. The firm has a market cap of $17.89 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given 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 dividend 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.