Klaas Financial Asset Advisors LLC Cuts Stock Position in iShares ESG Aware MSCI USA ETF $ESGU

Klaas Financial Asset Advisors LLC lowered its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,184 shares of the company’s stock after selling 4,579 shares during the period. iShares ESG Aware MSCI USA ETF comprises 1.3% of Klaas Financial Asset Advisors LLC’s holdings, making the stock its 17th largest position. Klaas Financial Asset Advisors LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $9,115,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of ESGU. Envestnet Asset Management Inc. boosted its position in iShares ESG Aware MSCI USA ETF by 24.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,260,765 shares of the company’s stock worth $329,167,000 after purchasing an additional 444,833 shares during the last quarter. Bank of America Corp DE raised its stake in shares of iShares ESG Aware MSCI USA ETF by 3.2% in the third quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock valued at $1,964,029,000 after buying an additional 421,048 shares during the period. Citigroup Inc. raised its stake in shares of iShares ESG Aware MSCI USA ETF by 74.1% in the third quarter. Citigroup Inc. now owns 618,989 shares of the company’s stock valued at $90,125,000 after buying an additional 263,387 shares during the period. Bank of Nova Scotia bought a new stake in shares of iShares ESG Aware MSCI USA ETF in the third quarter valued at $27,067,000. Finally, National Bank of Canada FI raised its stake in shares of iShares ESG Aware MSCI USA ETF by 100.1% in the third quarter. National Bank of Canada FI now owns 363,600 shares of the company’s stock valued at $52,940,000 after buying an additional 181,900 shares during the period.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of ESGU opened at $154.41 on Friday. The firm has a market cap of $16.27 billion, a PE ratio of 25.34 and a beta of 1.03. The stock’s fifty day moving average price is $146.57 and its two-hundred day moving average price is $147.90. iShares ESG Aware MSCI USA ETF has a 1 year low of $110.69 and a 1 year high of $154.88.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a $0.3698 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $1.48 annualized dividend and a dividend 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.