Apella Capital LLC Cuts Stock Holdings in iShares ESG Aware MSCI USA ETF $ESGU

Apella Capital LLC lessened its position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 5.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 67,081 shares of the company’s stock after selling 3,711 shares during the period. Apella Capital LLC owned approximately 0.06% of iShares ESG Aware MSCI USA ETF worth $11,409,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthfront Advisers LLC lifted its position in shares of iShares ESG Aware MSCI USA ETF by 2.1% during the first quarter. Wealthfront Advisers LLC now owns 2,646,197 shares of the company’s stock valued at $374,225,000 after purchasing an additional 54,889 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF during the 1st quarter worth approximately $546,000. NewEdge Advisors LLC lifted its position in shares of iShares ESG Aware MSCI USA ETF by 21.7% during the 2nd quarter. NewEdge Advisors LLC now owns 127,139 shares of the company’s stock worth $20,809,000 after buying an additional 22,684 shares in the last quarter. Birchwood Financial Partners Inc. purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the 4th quarter worth approximately $7,164,000. Finally, Noble Wealth Partners LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the 2nd quarter worth approximately $2,205,000.

iShares ESG Aware MSCI USA ETF Trading Down 0.6%

Shares of ESGU traded down $1.08 on Thursday, reaching $169.00. 103,155 shares of the company’s stock traded hands, compared to its average volume of 494,108. The stock has a market cap of $18.14 billion, a PE ratio of 25.34 and a beta of 1.03. The stock’s 50 day simple moving average is $167.89 and its two-hundred day simple moving average is $161.37. iShares ESG Aware MSCI USA ETF has a 52-week low of $136.82 and a 52-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. Stockholders of record on Tuesday, September 15th were given a dividend of $0.3813 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.53 annualized dividend and a dividend 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 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.