TIAA Trust National Association Reduces Stock Holdings in iShares ESG Aware MSCI USA ETF $ESGU

TIAA Trust National Association reduced its holdings in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 5.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,938,745 shares of the company’s stock after selling 335,927 shares during the period. iShares ESG Aware MSCI USA ETF makes up 2.1% of TIAA Trust National Association’s holdings, making the stock its 12th largest position. TIAA Trust National Association owned approximately 5.81% of iShares ESG Aware MSCI USA ETF worth $862,722,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Mesirow Financial Investment Management Inc. acquired a new position in shares of iShares ESG Aware MSCI USA ETF during the third quarter valued at about $212,000. MAI Capital Management grew its position in iShares ESG Aware MSCI USA ETF by 166.1% during the 3rd quarter. MAI Capital Management now owns 16,364 shares of the company’s stock worth $2,383,000 after purchasing an additional 10,215 shares during the last quarter. GGM Financials LLC purchased a new stake in iShares ESG Aware MSCI USA ETF during the 3rd quarter worth approximately $203,000. RWA Wealth Partners LLC increased its stake in iShares ESG Aware MSCI USA ETF by 10.8% during the 3rd quarter. RWA Wealth Partners LLC now owns 4,243 shares of the company’s stock valued at $618,000 after purchasing an additional 415 shares in the last quarter. Finally, JFS Wealth Advisors LLC raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 36.8% in the third quarter. JFS Wealth Advisors LLC now owns 1,495 shares of the company’s stock worth $218,000 after buying an additional 402 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of ESGU opened at $149.85 on Friday. The company’s fifty day moving average price is $150.03 and its 200-day moving average price is $147.04. iShares ESG Aware MSCI USA ETF has a 1-year low of $105.18 and a 1-year high of $152.31. The firm has a market capitalization of $15.76 billion, a PE ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.4554 dividend. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.37. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.