Patriot Financial Group Insurance Agency LLC Grows Stock Position in iShares ESG Aware MSCI USA ETF $ESGU

Patriot Financial Group Insurance Agency LLC grew its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 95.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 11,320 shares of the company’s stock after purchasing an additional 5,520 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $1,601,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC purchased a new stake in iShares ESG Aware MSCI USA ETF in the 4th quarter worth approximately $419,000. AQR Capital Management LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF during the 1st quarter valued at approximately $824,000. Jane Street Group LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF in the 1st quarter valued at $5,173,000. First Trust Advisors LP lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 15.5% in the 2nd quarter. First Trust Advisors LP now owns 6,463 shares of the company’s stock valued at $874,000 after purchasing an additional 866 shares during the period. Finally, Baird Financial Group Inc. boosted its holdings in iShares ESG Aware MSCI USA ETF by 2.0% during the second quarter. Baird Financial Group Inc. now owns 12,861 shares of the company’s stock worth $1,740,000 after buying an additional 258 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

ESGU opened at $162.54 on Tuesday. iShares ESG Aware MSCI USA ETF has a fifty-two week low of $134.52 and a fifty-two week high of $166.46. The company has a fifty day moving average of $160.66 and a two-hundred day moving average of $152.53. The stock has a market capitalization of $17.18 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03.

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 paid a $0.3431 dividend. This represents a $1.37 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, June 15th.

iShares ESG Aware MSCI USA ETF Company 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.