iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sets New 52-Week High – Here’s What Happened

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) shares reached a new 52-week high on Tuesday. The stock traded as high as $80.79 and last traded at $80.79, with a volume of 33692 shares. The stock had previously closed at $79.77.

iShares Paris-Aligned Climate MSCI USA ETF Stock Down 1.3%

The company’s 50-day simple moving average is $78.41 and its 200 day simple moving average is $75.63. The company has a market capitalization of $2.48 billion, a P/E ratio of 32.18 and a beta of 1.07.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a $0.1923 dividend. This is an increase from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.1606. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, September 15th.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.