Madrid Wealth Management LLC Makes New $2.32 Million Investment in iShares ESG Aware MSCI USA ETF $ESGU

Madrid Wealth Management LLC purchased a new stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 15,562 shares of the company’s stock, valued at approximately $2,318,000. iShares ESG Aware MSCI USA ETF comprises approximately 1.9% of Madrid Wealth Management LLC’s holdings, making the stock its 15th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Uptick Partners LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the 4th quarter worth approximately $249,000. GenTrust LLC boosted its stake in iShares ESG Aware MSCI USA ETF by 1.5% during the 4th quarter. GenTrust LLC now owns 13,105 shares of the company’s stock valued at $1,952,000 after purchasing an additional 193 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 35.3% in the 4th quarter. Oppenheimer & Co. Inc. now owns 4,170 shares of the company’s stock worth $621,000 after purchasing an additional 1,089 shares in the last quarter. Sofi Wealth LLC increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 27.8% in the 4th quarter. Sofi Wealth LLC now owns 18,585 shares of the company’s stock worth $2,769,000 after purchasing an additional 4,047 shares in the last quarter. Finally, GC Wealth Management RIA LLC raised its stake in shares of iShares ESG Aware MSCI USA ETF by 104.4% in the fourth quarter. GC Wealth Management RIA LLC now owns 9,948 shares of the company’s stock worth $1,482,000 after purchasing an additional 5,080 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

iShares ESG Aware MSCI USA ETF stock opened at $156.60 on Friday. iShares ESG Aware MSCI USA ETF has a one year low of $121.35 and a one year high of $156.66. The business’s fifty day moving average is $147.59 and its 200 day moving average is $148.44. The stock has a market capitalization of $16.51 billion, a PE ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.3698 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 17th.

About iShares ESG Aware MSCI USA ETF

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.