Meridian Financial Partners LLC Boosts Stock Holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Meridian Financial Partners LLC increased its position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 22.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,706 shares of the company’s stock after purchasing an additional 691 shares during the period. Meridian Financial Partners LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $452,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ESGU. JPMorgan Chase & Co. increased its stake in shares of iShares ESG Aware MSCI USA ETF by 8.5% during the 4th quarter. JPMorgan Chase & Co. now owns 11,904,019 shares of the company’s stock worth $1,533,476,000 after purchasing an additional 930,784 shares in the last quarter. Northern Trust Corp increased its stake in shares of iShares ESG Aware MSCI USA ETF by 31.8% during the 4th quarter. Northern Trust Corp now owns 6,591,007 shares of the company’s stock worth $849,054,000 after purchasing an additional 1,589,941 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares ESG Aware MSCI USA ETF by 1.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,988,225 shares of the company’s stock worth $384,943,000 after purchasing an additional 43,972 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares ESG Aware MSCI USA ETF by 16.5% during the 4th quarter. LPL Financial LLC now owns 1,688,041 shares of the company’s stock worth $217,453,000 after purchasing an additional 239,232 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of iShares ESG Aware MSCI USA ETF by 44.0% during the 4th quarter. BNP Paribas Financial Markets now owns 859,394 shares of the company’s stock worth $110,707,000 after purchasing an additional 262,391 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of ESGU opened at $131.18 on Friday. The firm has a 50 day simple moving average of $122.12 and a 200-day simple moving average of $127.12. iShares ESG Aware MSCI USA ETF has a 1-year low of $105.18 and a 1-year high of $134.50. The stock has a market cap of $13.60 billion, a price-to-earnings ratio of 25.57 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given a dividend of $0.3282 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.