LPL Financial LLC Sells 22,433 Shares of iShares ESG Aware MSCI USA ETF $ESGU

LPL Financial LLC trimmed its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 1.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,162,088 shares of the company’s stock after selling 22,433 shares during the quarter. LPL Financial LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $173,128,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ESGU. Brighton Jones LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF during the 4th quarter valued at approximately $419,000. AQR Capital Management LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF during the 1st quarter valued at approximately $824,000. Jane Street Group LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF during the 1st quarter valued at approximately $5,173,000. First Trust Advisors LP boosted its position in shares of iShares ESG Aware MSCI USA ETF by 15.5% during the 2nd quarter. First Trust Advisors LP now owns 6,463 shares of the company’s stock valued at $874,000 after acquiring an additional 866 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its position in shares of iShares ESG Aware MSCI USA ETF by 2.0% during the 2nd quarter. Baird Financial Group Inc. now owns 12,861 shares of the company’s stock valued at $1,740,000 after acquiring an additional 258 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

NASDAQ ESGU opened at $158.75 on Thursday. The company has a market capitalization of $16.78 billion, a P/E ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a one year low of $129.39 and a one year high of $166.46. The stock has a 50 day moving average price of $156.55 and a 200-day moving average price of $151.28.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a dividend of $0.3698 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, March 17th.

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.