Freedom Investment Management Inc. Raises Stake in iShares ESG Aware MSCI USA ETF $ESGU

Freedom Investment Management Inc. lifted its position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 22.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,505 shares of the company’s stock after buying an additional 463 shares during the quarter. Freedom Investment Management Inc.’s holdings in iShares ESG Aware MSCI USA ETF were worth $305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. NewSquare Capital LLC grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 13.1% during the first quarter. NewSquare Capital LLC now owns 822 shares of the company’s stock worth $100,000 after buying an additional 95 shares in the last quarter. Litman Gregory Wealth Management LLC grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 3.1% during the first quarter. Litman Gregory Wealth Management LLC now owns 3,193 shares of the company’s stock worth $389,000 after buying an additional 95 shares in the last quarter. Detalus Advisors LLC grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 1.9% during the first quarter. Detalus Advisors LLC now owns 5,132 shares of the company’s stock worth $626,000 after buying an additional 97 shares in the last quarter. Sensible Financial Planning & Management LLC. grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 0.9% during the first quarter. Sensible Financial Planning & Management LLC. now owns 11,714 shares of the company’s stock worth $1,428,000 after buying an additional 99 shares in the last quarter. Finally, ArborFi Advisors LLC grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 5.8% during the first quarter. ArborFi Advisors LLC now owns 1,844 shares of the company’s stock worth $225,000 after buying an additional 101 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of NASDAQ ESGU opened at $141.43 on Thursday. The company has a market cap of $14.32 billion, a PE ratio of 25.34 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 12 month low of $105.18 and a 12 month high of $141.55. The company has a 50-day simple moving average of $137.28 and a 200-day simple moving average of $129.09.

iShares ESG Aware MSCI USA ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were given a dividend of $0.3229 per share. This represents a $1.29 annualized dividend and a yield of 0.9%. This is a positive change from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Monday, June 16th.

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.