Parallel Advisors LLC Has $8.29 Million Stock Holdings in iShares ESG Aware MSCI USA ETF $ESGU

Parallel Advisors LLC grew its stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 10.0% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 58,616 shares of the company’s stock after acquiring an additional 5,324 shares during the quarter. Parallel Advisors LLC owned about 0.06% of iShares ESG Aware MSCI USA ETF worth $8,290,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Chicago Partners Investment Group LLC increased its position in shares of iShares ESG Aware MSCI USA ETF by 0.6% in the first quarter. Chicago Partners Investment Group LLC now owns 11,324 shares of the company’s stock worth $1,753,000 after purchasing an additional 64 shares during the period. Axis Wealth Partners LLC lifted its position in iShares ESG Aware MSCI USA ETF by 1.0% during the first quarter. Axis Wealth Partners LLC now owns 7,907 shares of the company’s stock worth $1,118,000 after purchasing an additional 76 shares during the period. Fort Point Capital Partners LLC grew its stake in iShares ESG Aware MSCI USA ETF by 2.8% during the fourth quarter. Fort Point Capital Partners LLC now owns 2,780 shares of the company’s stock worth $420,000 after buying an additional 77 shares in the last quarter. PFG Investments LLC grew its stake in iShares ESG Aware MSCI USA ETF by 0.4% during the first quarter. PFG Investments LLC now owns 21,196 shares of the company’s stock worth $2,998,000 after buying an additional 78 shares in the last quarter. Finally, Essex Financial Services Inc. increased its holdings in iShares ESG Aware MSCI USA ETF by 3.0% in the 4th quarter. Essex Financial Services Inc. now owns 2,781 shares of the company’s stock valued at $414,000 after buying an additional 80 shares during the period.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of NASDAQ:ESGU opened at $163.06 on Monday. The firm has a 50 day moving average of $162.96 and a 200-day moving average of $153.99. The stock has a market capitalization of $17.72 billion, a PE ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a 12 month low of $135.34 and a 12 month high of $166.46.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company 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. The ex-dividend date was Monday, June 15th. This represents a $1.37 annualized dividend and a dividend yield of 0.8%.

iShares ESG Aware MSCI USA ETF Company Profile

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.