Independent Advisor Alliance Takes $2.15 Million Position in ClearBridge Large Cap Growth ESG ETF (NASDAQ:LRGE)

Independent Advisor Alliance purchased a new position in shares of ClearBridge Large Cap Growth ESG ETF (NASDAQ:LRGE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 28,507 shares of the company’s stock, valued at approximately $2,145,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Kestra Investment Management LLC acquired a new stake in ClearBridge Large Cap Growth ESG ETF during the 3rd quarter valued at $576,000. HighTower Advisors LLC grew its position in shares of ClearBridge Large Cap Growth ESG ETF by 27.5% during the third quarter. HighTower Advisors LLC now owns 24,262 shares of the company’s stock worth $1,773,000 after buying an additional 5,239 shares in the last quarter. Stifel Financial Corp boosted its stake in ClearBridge Large Cap Growth ESG ETF by 3.3% during the 3rd quarter. Stifel Financial Corp now owns 178,697 shares of the company’s stock valued at $13,049,000 after acquiring an additional 5,698 shares during the last quarter. M&T Bank Corp acquired a new position in ClearBridge Large Cap Growth ESG ETF during the 3rd quarter worth $4,479,000. Finally, JPMorgan Chase & Co. grew its holdings in ClearBridge Large Cap Growth ESG ETF by 650.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,558 shares of the company’s stock worth $187,000 after acquiring an additional 2,217 shares in the last quarter.

ClearBridge Large Cap Growth ESG ETF Stock Performance

Shares of LRGE stock opened at $69.32 on Friday. The stock has a market capitalization of $371.56 million, a price-to-earnings ratio of 33.17 and a beta of 1.06. ClearBridge Large Cap Growth ESG ETF has a one year low of $62.90 and a one year high of $79.99. The company’s 50-day simple moving average is $76.00 and its 200-day simple moving average is $75.08.

ClearBridge Large Cap Growth ESG ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 26th were given a $0.1317 dividend. This is a positive change from ClearBridge Large Cap Growth ESG ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Thursday, December 26th.

ClearBridge Large Cap Growth ESG ETF Profile

The ClearBridge Large Cap Growth ESG ETF (LRGE) is an exchange-traded fund that is based on the TIAA ESG USA Large-Cap Growth index. The fund is actively-managed to invest in global large-cap growth stocks with positive environmental, social, and governance (ESG) traits. The fund aims for long-term capital appreciation.