Wit LLC Invests $1.86 Million in iShares ESG Aware MSCI USA ETF $ESGU

Wit LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) in the fourth quarter, Holdings Channel.com reports. The firm purchased 12,474 shares of the company’s stock, valued at approximately $1,858,000. iShares ESG Aware MSCI USA ETF accounts for approximately 0.0% of Wit LLC’s holdings, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ESGU. Bank of America Corp DE raised its stake in shares of iShares ESG Aware MSCI USA ETF by 3.2% during the 3rd quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock worth $1,964,029,000 after purchasing an additional 421,048 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 4.2% during the 4th quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock valued at $1,532,804,000 after acquiring an additional 411,010 shares during the last quarter. Citigroup Inc. increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 74.1% during the 3rd quarter. Citigroup Inc. now owns 618,989 shares of the company’s stock valued at $90,125,000 after acquiring an additional 263,387 shares during the last quarter. Bank of Nova Scotia acquired a new position in shares of iShares ESG Aware MSCI USA ETF during the 3rd quarter valued at about $27,067,000. Finally, National Bank of Canada FI increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 100.1% during the 3rd quarter. National Bank of Canada FI now owns 363,600 shares of the company’s stock valued at $52,940,000 after acquiring an additional 181,900 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of NASDAQ ESGU opened at $163.60 on Wednesday. The firm has a market cap of $17.29 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03. The business’s 50-day simple moving average is $158.20 and its 200-day simple moving average is $151.74. iShares ESG Aware MSCI USA ETF has a 52 week low of $129.39 and a 52 week high of $166.46.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.3431 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.37 dividend on an annualized basis and a dividend yield of 0.8%.

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.