Morling Financial Advisors LLC Buys 207 Shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Morling Financial Advisors LLC lifted its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 2.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 10,369 shares of the company’s stock after acquiring an additional 207 shares during the period. iShares ESG Aware MSCI USA ETF comprises about 0.5% of Morling Financial Advisors LLC’s holdings, making the stock its 22nd biggest position. Morling Financial Advisors LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $1,336,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ESGU. Avior Wealth Management LLC lifted its stake in iShares ESG Aware MSCI USA ETF by 18.0% during the fourth quarter. Avior Wealth Management LLC now owns 968 shares of the company’s stock worth $125,000 after purchasing an additional 148 shares during the period. Lodestar Private Asset Management LLC lifted its stake in iShares ESG Aware MSCI USA ETF by 5.4% during the fourth quarter. Lodestar Private Asset Management LLC now owns 2,016 shares of the company’s stock worth $260,000 after purchasing an additional 103 shares during the period. Strategic Financial Concepts LLC bought a new position in iShares ESG Aware MSCI USA ETF during the fourth quarter worth about $302,000. Cerity Partners LLC lifted its stake in iShares ESG Aware MSCI USA ETF by 2.5% during the third quarter. Cerity Partners LLC now owns 57,479 shares of the company’s stock worth $7,253,000 after purchasing an additional 1,398 shares during the period. Finally, Ridgeline Wealth LLC bought a new position in iShares ESG Aware MSCI USA ETF during the fourth quarter worth about $3,403,000.

iShares ESG Aware MSCI USA ETF Stock Down 2.7 %

Shares of ESGU opened at $122.18 on Tuesday. The stock has a market cap of $13.11 billion, a price-to-earnings ratio of 27.09 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 12 month low of $108.40 and a 12 month high of $134.50. The company has a 50-day moving average price of $130.71 and a two-hundred day moving average price of $128.82.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.408 per share. The ex-dividend date was Tuesday, December 17th.

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.