iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Sets New 52-Week High – Should You Buy?

Shares of iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $96.83 and last traded at $97.0060, with a volume of 117182 shares changing hands. The stock had previously closed at $96.10.

iShares ESG Aware MSCI EAFE ETF Trading Up 1.2%

The company has a 50 day moving average of $94.48 and a 200 day moving average of $92.15. The firm has a market cap of $11.14 billion, a price-to-earnings ratio of 16.73 and a beta of 0.85.

iShares ESG Aware MSCI EAFE ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $1.7947 dividend. This represents a yield of 381.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Focus Financial Network Inc. boosted its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 8.2% in the second quarter. Focus Financial Network Inc. now owns 3,667 shares of the company’s stock worth $327,000 after buying an additional 279 shares during the last quarter. Beacon Pointe Advisors LLC lifted its stake in iShares ESG Aware MSCI EAFE ETF by 9.2% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 64,069 shares of the company’s stock worth $5,716,000 after purchasing an additional 5,415 shares in the last quarter. Associated Banc Corp boosted its stake in iShares ESG Aware MSCI EAFE ETF by 10.8% during the second quarter. Associated Banc Corp now owns 5,715 shares of the company’s stock valued at $510,000 after buying an additional 556 shares during the last quarter. Brown Advisory Inc. grew its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 190.2% in the second quarter. Brown Advisory Inc. now owns 14,972 shares of the company’s stock valued at $1,336,000 after purchasing an additional 9,812 shares in the last quarter. Finally, Acorns Advisers LLC grew its stake in shares of iShares ESG Aware MSCI EAFE ETF by 4.1% in the 2nd quarter. Acorns Advisers LLC now owns 1,516,142 shares of the company’s stock worth $135,270,000 after buying an additional 59,480 shares in the last quarter.

About iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.