Bangor Savings Bank Makes New $1.20 Million Investment in iShares ESG Aware MSCI USA ETF $ESGU

Bangor Savings Bank acquired a new stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,185 shares of the company’s stock, valued at approximately $1,198,000.

Several other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE increased its stake in iShares ESG Aware MSCI USA ETF by 3.5% during the 1st quarter. Bank of America Corp DE now owns 13,803,021 shares of the company’s stock valued at $1,952,023,000 after buying an additional 467,558 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock worth $1,532,804,000 after acquiring an additional 411,010 shares during the period. Atomic Invest LLC lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 3,385.6% in the 2nd quarter. Atomic Invest LLC now owns 205,231 shares of the company’s stock worth $33,349,000 after acquiring an additional 199,343 shares during the period. Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares ESG Aware MSCI USA ETF in the third quarter valued at approximately $10,674,000. Finally, Wealthfront Advisers LLC boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 2.1% in the first quarter. Wealthfront Advisers LLC now owns 2,646,197 shares of the company’s stock valued at $374,225,000 after acquiring an additional 54,889 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of NASDAQ ESGU traded up $1.06 during mid-day trading on Tuesday, reaching $170.65. 283,754 shares of the company traded hands, compared to its average volume of 497,498. iShares ESG Aware MSCI USA ETF has a fifty-two week low of $136.82 and a fifty-two week high of $171.09. The firm has a market cap of $18.32 billion, a PE ratio of 25.34 and a beta of 1.03. The stock has a fifty day simple moving average of $167.53 and a 200-day simple moving average of $160.99.

iShares ESG Aware MSCI USA ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.3813 per share. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.3431. The ex-dividend date was Tuesday, September 15th. This represents a $1.53 annualized dividend and a dividend yield of 0.9%.

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.