M&T Bank Corp Lowers Stock Position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

M&T Bank Corp reduced its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 11.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,703 shares of the company’s stock after selling 1,000 shares during the quarter. M&T Bank Corp’s holdings in iShares ESG Aware MSCI USA ETF were worth $939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Northern Trust Corp raised its stake in shares of iShares ESG Aware MSCI USA ETF by 31.8% during the fourth quarter. Northern Trust Corp now owns 6,591,007 shares of the company’s stock worth $849,054,000 after acquiring an additional 1,589,941 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares ESG Aware MSCI USA ETF by 8.5% in the 4th quarter. JPMorgan Chase & Co. now owns 11,904,019 shares of the company’s stock worth $1,533,476,000 after buying an additional 930,784 shares during the last quarter. Brooklyn FI LLC increased its stake in shares of iShares ESG Aware MSCI USA ETF by 6,492.0% during the fourth quarter. Brooklyn FI LLC now owns 685,235 shares of the company’s stock valued at $88,813,000 after buying an additional 674,840 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 44.0% during the fourth quarter. BNP Paribas Financial Markets now owns 859,394 shares of the company’s stock valued at $110,707,000 after acquiring an additional 262,391 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in iShares ESG Aware MSCI USA ETF by 16.5% in the fourth quarter. LPL Financial LLC now owns 1,688,041 shares of the company’s stock worth $217,453,000 after acquiring an additional 239,232 shares during the period.

iShares ESG Aware MSCI USA ETF Trading Up 0.2%

NASDAQ:ESGU opened at $136.34 on Tuesday. The company has a 50-day moving average price of $130.82 and a 200-day moving average price of $127.32. The stock has a market cap of $13.84 billion, a price-to-earnings ratio of 25.34 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 12 month low of $105.18 and a 12 month high of $136.85.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were paid a $0.3229 dividend. This represents a $1.29 annualized dividend and a dividend yield of 0.95%. This is a positive change from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.29. The ex-dividend date was Monday, June 16th.

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.