iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sets New 1-Year High – What’s Next?

Shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) reached a new 52-week high on Thursday . The company traded as high as $150.93 and last traded at $150.36, with a volume of 436890 shares trading hands. The stock had previously closed at $150.34.

iShares ESG Aware MSCI USA ETF Price Performance

The company has a market cap of $15.31 billion, a P/E ratio of 25.34 and a beta of 1.03. The company’s 50-day moving average is $144.77 and its two-hundred day moving average is $135.93.

iShares ESG Aware MSCI USA ETF Increases Dividend

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

Institutional Trading of iShares ESG Aware MSCI USA ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ESGU. TIAA Trust National Association boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 7.4% in the second quarter. TIAA Trust National Association now owns 6,274,672 shares of the company’s stock valued at $843,976,000 after purchasing an additional 433,867 shares during the period. Goldman Sachs Group Inc. increased its holdings in iShares ESG Aware MSCI USA ETF by 6.5% during the first quarter. Goldman Sachs Group Inc. now owns 3,892,537 shares of the company’s stock valued at $474,539,000 after buying an additional 238,134 shares during the period. Northern Trust Corp lifted its holdings in shares of iShares ESG Aware MSCI USA ETF by 3.5% during the 1st quarter. Northern Trust Corp now owns 6,824,650 shares of the company’s stock valued at $831,993,000 after purchasing an additional 233,643 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of iShares ESG Aware MSCI USA ETF by 8.6% during the 1st quarter. Wealthfront Advisers LLC now owns 2,173,670 shares of the company’s stock valued at $264,992,000 after purchasing an additional 171,405 shares during the last quarter. Finally, Acorns Advisers LLC lifted its holdings in shares of iShares ESG Aware MSCI USA ETF by 5.2% during the 2nd quarter. Acorns Advisers LLC now owns 2,525,401 shares of the company’s stock valued at $341,687,000 after purchasing an additional 124,793 shares during the last quarter.

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.