Sovereign Financial Group Inc. Trims Stock Holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Sovereign Financial Group Inc. reduced its stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 54.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,571 shares of the company’s stock after selling 5,457 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares ESG Aware MSCI USA ETF were worth $525,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Baystate Wealth Management LLC grew its position in shares of iShares ESG Aware MSCI USA ETF by 1.9% during the fourth quarter. Baystate Wealth Management LLC now owns 32,912 shares of the company’s stock worth $3,453,000 after purchasing an additional 613 shares in the last quarter. Parallel Advisors LLC raised its position in shares of iShares ESG Aware MSCI USA ETF by 168.4% during the fourth quarter. Parallel Advisors LLC now owns 39,019 shares of the company’s stock valued at $4,094,000 after buying an additional 24,484 shares during the last quarter. Sand Hill Global Advisors LLC lifted its holdings in shares of iShares ESG Aware MSCI USA ETF by 1.5% in the fourth quarter. Sand Hill Global Advisors LLC now owns 165,239 shares of the company’s stock worth $17,337,000 after buying an additional 2,513 shares in the last quarter. IFG Advisory LLC lifted its holdings in shares of iShares ESG Aware MSCI USA ETF by 2.5% in the fourth quarter. IFG Advisory LLC now owns 15,522 shares of the company’s stock worth $1,629,000 after buying an additional 382 shares in the last quarter. Finally, EP Wealth Advisors LLC boosted its position in shares of iShares ESG Aware MSCI USA ETF by 696.0% during the third quarter. EP Wealth Advisors LLC now owns 10,388 shares of the company’s stock worth $976,000 after acquiring an additional 9,083 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Stock Performance

Shares of NASDAQ ESGU opened at $119.74 on Friday. The company has a market cap of $13.23 billion, a P/E ratio of 25.85 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 52-week low of $89.69 and a 52-week high of $120.21. The firm’s fifty day moving average is $115.51 and its two-hundred day moving average is $111.34.

iShares ESG Aware MSCI USA ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a $0.2916 dividend. The ex-dividend date was Tuesday, June 11th. This represents a $1.17 annualized dividend and a dividend yield of 0.97%.

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.