Institute for Wealth Management LLC. Has $4.67 Million Stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Institute for Wealth Management LLC. trimmed its stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,500 shares of the company’s stock after selling 680 shares during the period. iShares ESG Aware MSCI USA ETF comprises about 0.8% of Institute for Wealth Management LLC.’s portfolio, making the stock its 17th largest position. Institute for Wealth Management LLC.’s holdings in iShares ESG Aware MSCI USA ETF were worth $4,669,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in ESGU. CVA Family Office LLC acquired a new stake in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at $27,000. Harbor Investment Advisory LLC increased its stake in iShares ESG Aware MSCI USA ETF by 120.4% in the 4th quarter. Harbor Investment Advisory LLC now owns 313 shares of the company’s stock valued at $33,000 after buying an additional 171 shares during the last quarter. Clearstead Advisors LLC acquired a new stake in iShares ESG Aware MSCI USA ETF in the 3rd quarter valued at $50,000. O Shaughnessy Asset Management LLC increased its stake in iShares ESG Aware MSCI USA ETF by 28.2% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 595 shares of the company’s stock valued at $54,000 after buying an additional 131 shares during the last quarter. Finally, Tennessee Valley Asset Management Partners acquired a new stake in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at $55,000.

iShares ESG Aware MSCI USA ETF Price Performance

ESGU stock traded down $0.92 during midday trading on Friday, hitting $108.66. The company’s stock had a trading volume of 312,168 shares, compared to its average volume of 909,989. iShares ESG Aware MSCI USA ETF has a twelve month low of $88.86 and a twelve month high of $115.29. The company’s fifty day moving average price is $112.35 and its 200 day moving average price is $104.65. The stock has a market capitalization of $12.04 billion, a P/E ratio of 18.83 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.3842 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.54 annualized dividend and a dividend yield of 1.41%.

iShares ESG Aware MSCI USA ETF 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.