Sherman Asset Management Inc. Takes Position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Sherman Asset Management Inc. bought a new stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,466 shares of the company’s stock, valued at approximately $446,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Centerpoint Advisors LLC grew its position in iShares ESG Aware MSCI USA ETF by 42.2% during the fourth quarter. Centerpoint Advisors LLC now owns 266 shares of the company’s stock worth $34,000 after buying an additional 79 shares during the period. Clearview Wealth Advisors LLC grew its position in iShares ESG Aware MSCI USA ETF by 0.7% during the fourth quarter. Clearview Wealth Advisors LLC now owns 12,072 shares of the company’s stock worth $1,555,000 after buying an additional 82 shares during the period. Single Point Partners LLC grew its position in iShares ESG Aware MSCI USA ETF by 3.5% during the fourth quarter. Single Point Partners LLC now owns 2,525 shares of the company’s stock worth $325,000 after buying an additional 85 shares during the period. Brooklyn FI LLC grew its position in iShares ESG Aware MSCI USA ETF by 0.8% during the third quarter. Brooklyn FI LLC now owns 10,395 shares of the company’s stock worth $1,312,000 after buying an additional 87 shares during the period. Finally, Walkner Condon Financial Advisors LLC grew its position in shares of iShares ESG Aware MSCI USA ETF by 1.5% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 6,370 shares of the company’s stock valued at $821,000 after purchasing an additional 96 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

ESGU stock opened at $129.89 on Friday. The company’s 50 day simple moving average is $131.38 and its 200-day simple moving average is $128.61. The firm has a market capitalization of $13.94 billion, a PE ratio of 25.85 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.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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