MeadowBrook Investment Advisors LLC Makes New Investment in iShares ESG Aware MSCI USA ETF $ESGU

MeadowBrook Investment Advisors LLC bought a new position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) in the 2nd quarter, Holdings Channel.com reports. The fund bought 746 shares of the company’s stock, valued at approximately $101,000.

Several other large investors also recently added to or reduced their stakes in the business. Assetmark Inc. grew its position in iShares ESG Aware MSCI USA ETF by 10.0% in the second quarter. Assetmark Inc. now owns 40,356 shares of the company’s stock worth $5,460,000 after acquiring an additional 3,668 shares in the last quarter. WNY Asset Management LLC boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 90.5% during the 2nd quarter. WNY Asset Management LLC now owns 9,363 shares of the company’s stock worth $1,267,000 after buying an additional 4,449 shares during the period. Motco boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 43.5% during the 2nd quarter. Motco now owns 1,393 shares of the company’s stock worth $193,000 after buying an additional 422 shares during the period. Brookwood Investment Group LLC boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 18.1% during the 2nd quarter. Brookwood Investment Group LLC now owns 6,570 shares of the company’s stock worth $889,000 after buying an additional 1,007 shares during the period. Finally, Wealthfront Advisers LLC boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 7.8% during the 2nd quarter. Wealthfront Advisers LLC now owns 2,342,414 shares of the company’s stock worth $316,929,000 after buying an additional 168,744 shares during the period.

iShares ESG Aware MSCI USA ETF Trading Up 0.0%

NASDAQ ESGU opened at $150.36 on Thursday. The company has a fifty day simple moving average of $144.40 and a 200 day simple moving average of $135.61. The company has a market cap of $15.25 billion, a P/E ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a 1 year low of $105.18 and a 1 year high of $150.93.

iShares ESG Aware MSCI USA ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a dividend of $0.3655 per share. 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%. This is an increase from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.32.

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.