Merit Financial Group LLC Grows Holdings in iShares ESG Aware MSCI USA ETF $ESGU

Merit Financial Group LLC grew its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 11.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,834 shares of the company’s stock after buying an additional 4,600 shares during the period. Merit Financial Group LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $6,679,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Strategic Point Investment Advisors LLC grew its stake in iShares ESG Aware MSCI USA ETF by 0.5% in the 3rd quarter. Strategic Point Investment Advisors LLC now owns 12,840 shares of the company’s stock worth $1,870,000 after buying an additional 70 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC grew its stake in iShares ESG Aware MSCI USA ETF by 2.7% in the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 2,724 shares of the company’s stock worth $397,000 after buying an additional 72 shares in the last quarter. Centerpoint Advisors LLC grew its stake in iShares ESG Aware MSCI USA ETF by 20.4% in the 3rd quarter. Centerpoint Advisors LLC now owns 437 shares of the company’s stock worth $64,000 after buying an additional 74 shares in the last quarter. Investors Research Corp grew its stake in iShares ESG Aware MSCI USA ETF by 5.6% in the 4th quarter. Investors Research Corp now owns 1,418 shares of the company’s stock worth $211,000 after buying an additional 75 shares in the last quarter. Finally, Single Point Partners LLC boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 2.9% in the 3rd quarter. Single Point Partners LLC now owns 2,760 shares of the company’s stock valued at $402,000 after purchasing an additional 77 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of iShares ESG Aware MSCI USA ETF stock opened at $154.41 on Friday. iShares ESG Aware MSCI USA ETF has a 52-week low of $110.69 and a 52-week high of $154.88. The stock has a market capitalization of $16.27 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03. The company has a fifty day moving average of $146.57 and a 200-day moving average of $147.90.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.3698 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.48 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.