Spinnaker Trust Sells 389 Shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Spinnaker Trust cut its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,976 shares of the company’s stock after selling 389 shares during the period. iShares ESG Aware MSCI USA ETF makes up approximately 0.9% of Spinnaker Trust’s portfolio, making the stock its 26th biggest position. Spinnaker Trust’s holdings in iShares ESG Aware MSCI USA ETF were worth $12,798,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in ESGU. CVA Family Office LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF in the 4th quarter worth about $27,000. Parkside Financial Bank & Trust bought a new stake in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at about $27,000. Harbor Investment Advisory LLC increased its position in iShares ESG Aware MSCI USA ETF by 120.4% in the 4th quarter. Harbor Investment Advisory LLC now owns 313 shares of the company’s stock valued at $33,000 after buying an additional 171 shares in the last quarter. Tennessee Valley Asset Management Partners bought a new stake in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at about $55,000. Finally, Balentine LLC bought a new stake in iShares ESG Aware MSCI USA ETF in the 3rd quarter valued at about $82,000.

iShares ESG Aware MSCI USA ETF Trading Up 1.0 %

iShares ESG Aware MSCI USA ETF stock traded up $1.09 during midday trading on Friday, reaching $111.62. The stock had a trading volume of 561,982 shares, compared to its average volume of 910,220. iShares ESG Aware MSCI USA ETF has a 12 month low of $88.86 and a 12 month high of $115.29. The company has a market capitalization of $12.32 billion, a P/E ratio of 25.00 and a beta of 1.02. The company has a fifty day moving average price of $112.40 and a two-hundred day moving average price of $105.35.

iShares ESG Aware MSCI USA ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a $0.3842 dividend. This represents a $1.54 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend was Thursday, March 21st.

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.