iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Large Volume Increase – What’s Next?

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw an uptick in trading volume on Wednesday. Approximately 193,938 shares traded hands during trading, an increase of 347% from the average daily volume of 43,401 shares. The stock last traded at $78.1490 and had previously closed at $76.72.

iShares Paris-Aligned Climate MSCI USA ETF Stock Up 1.9%

The stock has a 50 day moving average of $78.73 and a 200 day moving average of $74.69. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 32.18 and a beta of 1.07.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.1923 per share. This represents a $0.77 annualized dividend and a yield of 1.0%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.1606.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.