Oppenheimer & Co. Inc. Makes New $740,000 Investment in iShares ESG Aware MSCI USA ETF $ESGU

Oppenheimer & Co. Inc. purchased a new stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 4,435 shares of the company’s stock, valued at approximately $740,000.

Several other hedge funds have also added to or reduced their stakes in the company. Park Avenue Securities LLC acquired a new position in iShares ESG Aware MSCI USA ETF during the 3rd quarter valued at about $34,151,000. Flagship Harbor Advisors LLC boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 4.4% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 4,104 shares of the company’s stock valued at $685,000 after purchasing an additional 174 shares during the last quarter. Leo Wealth LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF in the 3rd quarter valued at about $803,000. Apollon Wealth Management LLC grew its position in shares of iShares ESG Aware MSCI USA ETF by 10.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 16,223 shares of the company’s stock worth $2,706,000 after buying an additional 1,486 shares during the period. Finally, Live Oak Investment Partners grew its position in shares of iShares ESG Aware MSCI USA ETF by 2.3% during the 3rd quarter. Live Oak Investment Partners now owns 6,604 shares of the company’s stock worth $1,102,000 after buying an additional 149 shares during the period.

iShares ESG Aware MSCI USA ETF Price Performance

ESGU opened at $164.92 on Wednesday. The company has a market cap of $17.82 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03. The firm has a 50 day simple moving average of $167.85 and a 200 day simple moving average of $159.23. iShares ESG Aware MSCI USA ETF has a fifty-two week low of $136.82 and a fifty-two week high of $171.09.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.3813 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.53 dividend on an annualized basis and a yield of 0.9%. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.3431.

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.