Elevation Point Wealth Partners LLC Buys New Shares in iShares ESG Aware MSCI USA ETF $ESGU

Elevation Point Wealth Partners LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,861 shares of the company’s stock, valued at approximately $546,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC boosted its holdings in iShares ESG Aware MSCI USA ETF by 60.6% in the fourth quarter. Concurrent Investment Advisors LLC now owns 14,651 shares of the company’s stock valued at $2,183,000 after acquiring an additional 5,529 shares during the last quarter. HF Advisory Group LLC increased its stake in iShares ESG Aware MSCI USA ETF by 450.6% during the fourth quarter. HF Advisory Group LLC now owns 110,237 shares of the company’s stock worth $16,423,000 after acquiring an additional 90,214 shares during the last quarter. Chatterton & Associates Inc. acquired a new stake in iShares ESG Aware MSCI USA ETF during the fourth quarter worth about $559,000. Higgins & Schmidt Wealth Strategies LLC raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 37.3% in the 4th quarter. Higgins & Schmidt Wealth Strategies LLC now owns 17,445 shares of the company’s stock worth $2,599,000 after purchasing an additional 4,739 shares during the period. Finally, Asempa Wealth Advisors purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the 4th quarter worth about $693,000.

iShares ESG Aware MSCI USA ETF Price Performance

NASDAQ ESGU opened at $163.60 on Thursday. iShares ESG Aware MSCI USA ETF has a 1-year low of $134.82 and a 1-year high of $166.46. The business’s 50-day simple moving average is $161.96 and its 200-day simple moving average is $153.27. The firm has a market capitalization of $17.73 billion, a P/E 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 given a dividend of $0.3431 per share. This represents a $1.37 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, June 15th.

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.