Legacy Edge Advisors LLC Makes New $566,000 Investment in iShares ESG Aware MSCI USA ETF $ESGU

Legacy Edge Advisors LLC acquired a new position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,797 shares of the company’s stock, valued at approximately $566,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in iShares ESG Aware MSCI USA ETF by 3.2% in 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 purchasing an additional 421,048 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in iShares ESG Aware MSCI USA ETF by 3.6% in the fourth quarter. Wealthfront Advisers LLC now owns 2,591,308 shares of the company’s stock worth $386,053,000 after purchasing an additional 90,420 shares in the last quarter. Acorns Advisers LLC raised its holdings in iShares ESG Aware MSCI USA ETF by 0.8% in the third quarter. Acorns Advisers LLC now owns 2,544,818 shares of the company’s stock worth $370,525,000 after purchasing an additional 19,417 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares ESG Aware MSCI USA ETF by 24.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,260,765 shares of the company’s stock worth $329,167,000 after purchasing an additional 444,833 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 valued at $143,406,000 after acquiring an additional 34,013 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of NASDAQ:ESGU opened at $156.91 on Friday. iShares ESG Aware MSCI USA ETF has a 1-year low of $121.35 and a 1-year high of $157.78. The business has a fifty day moving average price of $147.59 and a 200-day moving average price of $148.46. The company has a market capitalization of $16.59 billion, a PE ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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

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.