FLC Capital Advisors Lowers Stock Position in iShares ESG Aware MSCI USA ETF $ESGU

FLC Capital Advisors reduced its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 7.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,452 shares of the company’s stock after selling 1,857 shares during the quarter. FLC Capital Advisors’ holdings in iShares ESG Aware MSCI USA ETF were worth $3,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in ESGU. Brighton Jones LLC bought a new stake in shares of iShares ESG Aware MSCI USA ETF in the 4th quarter worth approximately $419,000. GAMMA Investing LLC increased its stake in shares of iShares ESG Aware MSCI USA ETF by 28.5% in the first quarter. GAMMA Investing LLC now owns 604 shares of the company’s stock worth $74,000 after buying an additional 134 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares ESG Aware MSCI USA ETF by 1.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 205,203 shares of the company’s stock worth $25,016,000 after buying an additional 3,060 shares during the period. PFG Investments LLC increased its stake in shares of iShares ESG Aware MSCI USA ETF by 28.4% in the first quarter. PFG Investments LLC now owns 18,162 shares of the company’s stock worth $2,214,000 after buying an additional 4,013 shares during the period. Finally, FSC Wealth Advisors LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the first quarter worth $83,000.

iShares ESG Aware MSCI USA ETF Stock Up 0.6%

Shares of NASDAQ ESGU opened at $145.28 on Monday. iShares ESG Aware MSCI USA ETF has a 52 week low of $105.18 and a 52 week high of $147.42. The firm’s fifty day moving average is $143.11 and its 200 day moving average is $133.64. The company has a market cap of $14.79 billion, a price-to-earnings ratio of 25.34 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a dividend of $0.3655 per share. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.32. The ex-dividend date was Tuesday, September 16th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 1.0%.

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.