Summit Wealth Group LLC Reduces Stake in iShares ESG Aware MSCI USA ETF $ESGU

Summit Wealth Group LLC lowered its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 2.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 44,405 shares of the company’s stock after selling 1,059 shares during the quarter. iShares ESG Aware MSCI USA ETF comprises 1.5% of Summit Wealth Group LLC’s investment portfolio, making the stock its 20th biggest holding. Summit Wealth Group LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $6,008,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in ESGU. TIAA Trust National Association increased its stake in iShares ESG Aware MSCI USA ETF by 7.4% in the second quarter. TIAA Trust National Association now owns 6,274,672 shares of the company’s stock valued at $843,976,000 after purchasing an additional 433,867 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of iShares ESG Aware MSCI USA ETF by 6.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,892,537 shares of the company’s stock valued at $474,539,000 after buying an additional 238,134 shares during the last quarter. Northern Trust Corp grew its position in shares of iShares ESG Aware MSCI USA ETF by 3.5% in the 1st quarter. Northern Trust Corp now owns 6,824,650 shares of the company’s stock valued at $831,993,000 after buying an additional 233,643 shares during the last quarter. Wealthfront Advisers LLC grew its position in shares of iShares ESG Aware MSCI USA ETF by 8.6% in the 1st quarter. Wealthfront Advisers LLC now owns 2,173,670 shares of the company’s stock valued at $264,992,000 after buying an additional 171,405 shares during the last quarter. Finally, Acorns Advisers LLC grew its position in shares of iShares ESG Aware MSCI USA ETF by 3.8% in the 1st quarter. Acorns Advisers LLC now owns 2,400,608 shares of the company’s stock valued at $292,658,000 after buying an additional 88,833 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of ESGU stock opened at $148.55 on Thursday. The stock’s 50-day moving average is $145.24 and its two-hundred day moving average is $136.78. The firm has a market cap of $15.20 billion, a price-to-earnings 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 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 was Tuesday, September 16th. This represents a $1.46 dividend on an annualized basis and a yield of 1.0%. This is a boost 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.