Sowell Financial Services LLC Trims Stock Holdings in iShares ESG Aware MSCI USA ETF $ESGU

Sowell Financial Services LLC trimmed its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 2.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 11,333 shares of the company’s stock after selling 309 shares during the period. Sowell Financial Services LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $1,533,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oliver Lagore Vanvalin Investment Group purchased a new position in iShares ESG Aware MSCI USA ETF during the 2nd quarter worth $57,000. Continuum Advisory LLC raised its position in iShares ESG Aware MSCI USA ETF by 34.4% during the 1st quarter. Continuum Advisory LLC now owns 578 shares of the company’s stock valued at $70,000 after purchasing an additional 148 shares in the last quarter. Cornerstone Planning Group LLC raised its position in iShares ESG Aware MSCI USA ETF by 45.7% during the 1st quarter. Cornerstone Planning Group LLC now owns 596 shares of the company’s stock valued at $70,000 after purchasing an additional 187 shares in the last quarter. GAMMA Investing LLC raised its position in iShares ESG Aware MSCI USA ETF by 28.5% during the 1st quarter. GAMMA Investing LLC now owns 604 shares of the company’s stock valued at $74,000 after purchasing an additional 134 shares in the last quarter. Finally, FSC Wealth Advisors LLC bought a new stake in iShares ESG Aware MSCI USA ETF during the 1st quarter valued at $83,000.

iShares ESG Aware MSCI USA ETF Stock Up 0.5%

Shares of NASDAQ ESGU opened at $145.86 on Tuesday. The business has a fifty day simple moving average of $140.24 and a two-hundred day simple moving average of $130.60. The firm has a market cap of $14.77 billion, a PE ratio of 25.34 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a twelve month low of $105.18 and a twelve month high of $145.94.

iShares ESG Aware MSCI USA ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.3655 per share. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.46 dividend on an annualized basis and a yield of 1.0%.

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.