iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Reaches New 1-Year High – Should You Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as $170.87 and last traded at $170.5040, with a volume of 61597 shares. The stock had previously closed at $169.59.

iShares ESG Aware MSCI USA ETF Trading Down 0.3%

The stock has a market capitalization of $18.26 billion, a PE ratio of 25.34 and a beta of 1.03. The firm’s fifty day moving average is $167.89 and its 200-day moving average is $161.37.

iShares ESG Aware MSCI USA ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders 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. This represents a $1.53 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 15th.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

Several large investors have recently made changes to their positions in ESGU. Bank of America Corp DE increased its holdings in iShares ESG Aware MSCI USA ETF by 3.5% in 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 purchasing an additional 467,558 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in iShares ESG Aware MSCI USA ETF by 2.1% during the first quarter. Wealthfront Advisers LLC now owns 2,646,197 shares of the company’s stock worth $374,225,000 after purchasing an additional 54,889 shares in the last quarter. Brookstone Capital Management lifted its stake in iShares ESG Aware MSCI USA ETF by 7.9% during the first quarter. Brookstone Capital Management now owns 241,479 shares of the company’s stock worth $34,150,000 after purchasing an additional 17,761 shares in the last quarter. Atomic Invest LLC boosted its position in shares of iShares ESG Aware MSCI USA ETF by 3,385.6% during the second quarter. Atomic Invest LLC now owns 205,231 shares of the company’s stock worth $33,349,000 after buying an additional 199,343 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its position in shares of iShares ESG Aware MSCI USA ETF by 7.1% during the second quarter. Integrated Wealth Concepts LLC now owns 129,466 shares of the company’s stock worth $21,190,000 after buying an additional 8,564 shares during the period.

iShares ESG Aware MSCI USA ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for iShares ESG Aware MSCI USA ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares ESG Aware MSCI USA ETF and related companies with MarketBeat.com's FREE daily email newsletter.