Institute for Wealth Management LLC. Has $214,000 Position in iShares ESG Aware MSCI USA ETF $ESGU

Institute for Wealth Management LLC. reduced its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 97.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,435 shares of the company’s stock after selling 47,634 shares during the quarter. Institute for Wealth Management LLC.’s holdings in iShares ESG Aware MSCI USA ETF were worth $214,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its position in iShares ESG Aware MSCI USA ETF by 3.2% during the third quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock worth $1,964,029,000 after buying an additional 421,048 shares in the last quarter. Acorns Advisers LLC grew its position in iShares ESG Aware MSCI USA ETF by 0.8% during the third quarter. Acorns Advisers LLC now owns 2,544,818 shares of the company’s stock worth $370,525,000 after buying an additional 19,417 shares in the last quarter. Wealthfront Advisers LLC grew its position in iShares ESG Aware MSCI USA ETF by 6.8% during the third quarter. Wealthfront Advisers LLC now owns 2,500,888 shares of the company’s stock worth $364,129,000 after buying an additional 158,474 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares ESG Aware MSCI USA ETF by 24.5% during the third quarter. Envestnet Asset Management Inc. now owns 2,260,765 shares of the company’s stock worth $329,167,000 after buying an additional 444,833 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in iShares ESG Aware MSCI USA ETF by 3.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 984,934 shares of the company’s stock worth $143,406,000 after buying an additional 34,013 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Stock Down 0.6%

ESGU stock opened at $153.34 on Wednesday. iShares ESG Aware MSCI USA ETF has a twelve month low of $113.10 and a twelve month high of $154.88. The company has a market cap of $16.16 billion, a PE ratio of 25.34 and a beta of 1.03. The business’s 50-day simple moving average is $146.69 and its 200 day simple moving average is $148.02.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a dividend of $0.3698 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.48 dividend on an annualized basis and a yield of 1.0%.

iShares ESG Aware MSCI USA ETF Company Profile

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.