Spectrum Asset Management Inc. NB CA Reduces Holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Spectrum Asset Management Inc. NB CA lowered its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 35.5% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,716 shares of the company’s stock after selling 6,987 shares during the quarter. Spectrum Asset Management Inc. NB CA’s holdings in iShares ESG Aware MSCI USA ETF were worth $1,550,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF in the fourth quarter worth $419,000. Strategic Financial Concepts LLC purchased a new stake in iShares ESG Aware MSCI USA ETF during the 4th quarter worth about $302,000. Essex Financial Services Inc. increased its position in iShares ESG Aware MSCI USA ETF by 9.3% during the 4th quarter. Essex Financial Services Inc. now owns 2,605 shares of the company’s stock worth $336,000 after purchasing an additional 221 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at about $81,000. Finally, McClarren Financial Advisors Inc. lifted its holdings in iShares ESG Aware MSCI USA ETF by 84.0% in the 4th quarter. McClarren Financial Advisors Inc. now owns 7,183 shares of the company’s stock valued at $925,000 after purchasing an additional 3,279 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

iShares ESG Aware MSCI USA ETF stock opened at $131.50 on Thursday. The stock has a market capitalization of $13.64 billion, a P/E ratio of 25.57 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 12-month low of $105.18 and a 12-month high of $134.50. The firm’s 50-day moving average is $123.00 and its two-hundred day moving average is $127.15.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a dividend of $0.3282 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.