Wealthfront Advisers LLC Increases Position in iShares ESG Aware MSCI USA ETF $ESGU

Wealthfront Advisers LLC boosted its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 7.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,342,414 shares of the company’s stock after purchasing an additional 168,744 shares during the quarter. iShares ESG Aware MSCI USA ETF comprises 0.8% of Wealthfront Advisers LLC’s portfolio, making the stock its 23rd largest position. Wealthfront Advisers LLC owned approximately 2.32% of iShares ESG Aware MSCI USA ETF worth $316,929,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ESGU. TIAA Trust National Association grew its holdings in iShares ESG Aware MSCI USA ETF by 4.9% in the first quarter. TIAA Trust National Association now owns 5,840,805 shares of the company’s stock worth $712,052,000 after purchasing an additional 273,430 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 6.5% in the first quarter. Goldman Sachs Group Inc. now owns 3,892,537 shares of the company’s stock worth $474,539,000 after buying an additional 238,134 shares in the last quarter. Northern Trust Corp lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 3.5% in the first quarter. Northern Trust Corp now owns 6,824,650 shares of the company’s stock worth $831,993,000 after buying an additional 233,643 shares in the last quarter. Acorns Advisers LLC lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 3.8% in the first quarter. Acorns Advisers LLC now owns 2,400,608 shares of the company’s stock worth $292,658,000 after buying an additional 88,833 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 9.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 907,475 shares of the company’s stock worth $110,630,000 after buying an additional 80,046 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of NASDAQ ESGU opened at $148.23 on Friday. The firm’s 50 day moving average price is $143.78 and its 200-day moving average price is $134.78. The company has a market cap of $15.04 billion, a PE ratio of 25.34 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 52-week low of $105.18 and a 52-week high of $148.49.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $0.3655 dividend. The ex-dividend date was Tuesday, September 16th. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.32. This represents a $1.46 annualized dividend and a yield of 1.0%.

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.