Independent Financial Group LLC Makes New $832,000 Investment in iShares ESG Aware MSCI USA ETF $ESGU

Independent Financial Group LLC bought a new stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,884 shares of the company’s stock, valued at approximately $832,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ESGU. Elyxium Wealth LLC bought a new stake in iShares ESG Aware MSCI USA ETF during the fourth quarter worth about $25,000. Triumph Capital Management bought a new position in shares of iShares ESG Aware MSCI USA ETF during the third quarter valued at approximately $34,000. Evolution Wealth Management Inc. increased its stake in shares of iShares ESG Aware MSCI USA ETF by 64.9% during the fourth quarter. Evolution Wealth Management Inc. now owns 282 shares of the company’s stock valued at $42,000 after purchasing an additional 111 shares in the last quarter. Commonwealth Retirement Investments LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF during the fourth quarter valued at approximately $42,000. Finally, Key Capital Management INC purchased a new position in shares of iShares ESG Aware MSCI USA ETF during the fourth quarter valued at approximately $47,000.

iShares ESG Aware MSCI USA ETF Stock Up 0.8%

Shares of ESGU opened at $164.04 on Wednesday. The business’s 50 day moving average price is $163.06 and its 200-day moving average price is $154.18. iShares ESG Aware MSCI USA ETF has a 52 week low of $135.34 and a 52 week high of $166.46. The stock has a market cap of $17.84 billion, a P/E ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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

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.