Institute for Wealth Management LLC. Sells 682 Shares of iShares ESG Aware MSCI USA ETF $ESGU

Institute for Wealth Management LLC. trimmed its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 1.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,640 shares of the company’s stock after selling 682 shares during the period. iShares ESG Aware MSCI USA ETF makes up about 0.7% of Institute for Wealth Management LLC.’s portfolio, making the stock its 18th biggest position. Institute for Wealth Management LLC.’s holdings in iShares ESG Aware MSCI USA ETF were worth $6,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Capital Investment Advisors LLC lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 21.2% in the 2nd quarter. Capital Investment Advisors LLC now owns 3,650 shares of the company’s stock valued at $494,000 after purchasing an additional 639 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC bought a new stake in shares of iShares ESG Aware MSCI USA ETF during the 2nd quarter worth approximately $226,000. GC Wealth Management RIA LLC bought a new stake in shares of iShares ESG Aware MSCI USA ETF during the 2nd quarter worth approximately $218,000. Sound Income Strategies LLC lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 16.8% during the 2nd quarter. Sound Income Strategies LLC now owns 2,552 shares of the company’s stock worth $345,000 after acquiring an additional 367 shares during the last quarter. Finally, XY Planning Network Inc. bought a new stake in shares of iShares ESG Aware MSCI USA ETF during the 2nd quarter worth approximately $810,000.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of ESGU stock opened at $145.60 on Wednesday. iShares ESG Aware MSCI USA ETF has a 52-week low of $105.18 and a 52-week high of $145.94. The firm has a market capitalization of $14.74 billion, a P/E ratio of 25.34 and a beta of 1.02. The stock has a 50 day moving average price of $141.20 and a 200 day moving average price of $131.51.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were paid a dividend of $0.3655 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.46 dividend on an annualized basis 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.

iShares ESG Aware MSCI USA ETF Company Profile

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.