Parallel Advisors LLC Grows Position in iShares ESG Aware MSCI USA ETF $ESGU

Parallel Advisors LLC raised its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 10.0% in the first quarter, HoldingsChannel.com reports. The fund owned 58,616 shares of the company’s stock after purchasing an additional 5,324 shares during the quarter. Parallel Advisors LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $8,290,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in ESGU. Bank of America Corp DE boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 3.5% during the first quarter. Bank of America Corp DE now owns 13,803,021 shares of the company’s stock valued at $1,952,023,000 after acquiring an additional 467,558 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares ESG Aware MSCI USA ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock valued at $1,532,804,000 after purchasing an additional 411,010 shares during the last quarter. National Bank of Canada FI lifted its holdings in iShares ESG Aware MSCI USA ETF by 100.1% in the 3rd quarter. National Bank of Canada FI now owns 363,600 shares of the company’s stock valued at $52,940,000 after purchasing an additional 181,900 shares in the last quarter. Axxcess Wealth Management LLC boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 1,064.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 164,684 shares of the company’s stock worth $24,535,000 after purchasing an additional 150,539 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 303.6% during the third quarter. BNP Paribas Financial Markets now owns 165,599 shares of the company’s stock worth $24,111,000 after buying an additional 124,573 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

NASDAQ:ESGU opened at $168.76 on Thursday. The firm has a 50 day simple moving average of $163.47 and a 200-day simple moving average of $155.21. The firm has a market cap of $18.30 billion, a PE ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a 1-year low of $136.82 and a 1-year high of $170.40.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.3431 dividend. This represents a $1.37 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, June 15th.

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.