iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Short Interest Update

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 1,649,477 shares, a decline of 13.2% from the February 26th total of 1,899,824 shares. Based on an average trading volume of 646,083 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.6% of the company’s stock are short sold.

iShares ESG Aware MSCI USA ETF Stock Up 0.7%

Shares of ESGU opened at $142.44 on Thursday. The company has a market cap of $14.96 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a twelve month low of $105.18 and a twelve month high of $152.31. The company has a 50 day moving average of $147.20 and a two-hundred day moving average of $147.65.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.3698 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, March 17th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strategic Point Investment Advisors LLC raised its stake in iShares ESG Aware MSCI USA ETF by 0.5% in the third quarter. Strategic Point Investment Advisors LLC now owns 12,840 shares of the company’s stock valued at $1,870,000 after buying an additional 70 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC boosted its holdings in iShares ESG Aware MSCI USA ETF by 2.7% in the third quarter. Hutchens & Kramer Investment Management Group LLC now owns 2,724 shares of the company’s stock worth $397,000 after acquiring an additional 72 shares in the last quarter. Centerpoint Advisors LLC grew its stake in shares of iShares ESG Aware MSCI USA ETF by 20.4% during the third quarter. Centerpoint Advisors LLC now owns 437 shares of the company’s stock worth $64,000 after acquiring an additional 74 shares during the last quarter. Investors Research Corp grew its stake in shares of iShares ESG Aware MSCI USA ETF by 5.6% during the fourth quarter. Investors Research Corp now owns 1,418 shares of the company’s stock worth $211,000 after acquiring an additional 75 shares during the last quarter. Finally, Single Point Partners LLC increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 2.9% during the third quarter. Single Point Partners LLC now owns 2,760 shares of the company’s stock valued at $402,000 after acquiring an additional 77 shares in 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.