Northwestern Mutual Wealth Management Co. Acquires 42,417 Shares of iShares ESG Aware MSCI USA ETF $ESGU

Northwestern Mutual Wealth Management Co. lifted its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGUFree Report) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,027,351 shares of the company’s stock after acquiring an additional 42,417 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares ESG Aware MSCI USA ETF were worth $153,055,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ESGU. Envestnet Asset Management Inc. raised its position in shares of iShares ESG Aware MSCI USA ETF by 24.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,260,765 shares of the company’s stock worth $329,167,000 after acquiring an additional 444,833 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares ESG Aware MSCI USA ETF by 3.2% in the 3rd quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock worth $1,964,029,000 after acquiring an additional 421,048 shares in the last quarter. Citigroup Inc. raised its position in shares of iShares ESG Aware MSCI USA ETF by 74.1% in the 3rd quarter. Citigroup Inc. now owns 618,989 shares of the company’s stock worth $90,125,000 after acquiring an additional 263,387 shares in the last quarter. Bank of Nova Scotia bought a new position in shares of iShares ESG Aware MSCI USA ETF in the 3rd quarter worth $27,067,000. Finally, National Bank of Canada FI raised its stake in shares of iShares ESG Aware MSCI USA ETF by 100.1% during the 3rd quarter. National Bank of Canada FI now owns 363,600 shares of the company’s stock worth $52,940,000 after acquiring an additional 181,900 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Stock Up 0.6%

NASDAQ ESGU opened at $164.75 on Friday. The firm has a market cap of $17.41 billion, a PE ratio of 25.34 and a beta of 1.03. The company has a 50 day moving average price of $152.55 and a 200 day moving average price of $150.22. iShares ESG Aware MSCI USA ETF has a 52 week low of $127.64 and a 52 week high of $164.85.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.3698 per share. This represents a $1.48 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, March 17th.

iShares ESG Aware MSCI USA ETF Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

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