Envestnet Asset Management Inc. Sells 657,016 Shares of iShares ESG MSCI USA Leaders ETF $SUSL

Envestnet Asset Management Inc. reduced its stake in shares of iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) by 95.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,088 shares of the company’s stock after selling 657,016 shares during the quarter. Envestnet Asset Management Inc. owned about 0.37% of iShares ESG MSCI USA Leaders ETF worth $3,639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. boosted its position in shares of iShares ESG MSCI USA Leaders ETF by 284.0% during the second quarter. Raymond James Financial Inc. now owns 46,871 shares of the company’s stock worth $5,078,000 after acquiring an additional 34,665 shares during the last quarter. SK Wealth Management LLC lifted its stake in iShares ESG MSCI USA Leaders ETF by 20.7% in the 3rd quarter. SK Wealth Management LLC now owns 52,805 shares of the company’s stock worth $6,232,000 after purchasing an additional 9,069 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of iShares ESG MSCI USA Leaders ETF during the 3rd quarter valued at about $1,018,000. Ellevest Inc. boosted its holdings in shares of iShares ESG MSCI USA Leaders ETF by 7.1% during the 2nd quarter. Ellevest Inc. now owns 127,760 shares of the company’s stock valued at $13,843,000 after purchasing an additional 8,424 shares during the last quarter. Finally, HB Wealth Management LLC grew its position in shares of iShares ESG MSCI USA Leaders ETF by 137.9% during the third quarter. HB Wealth Management LLC now owns 14,403 shares of the company’s stock valued at $1,686,000 after purchasing an additional 8,350 shares in the last quarter.

iShares ESG MSCI USA Leaders ETF Trading Up 0.9%

Shares of SUSL stock opened at $121.71 on Wednesday. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 27.42 and a beta of 1.03. iShares ESG MSCI USA Leaders ETF has a 12-month low of $83.45 and a 12-month high of $124.91. The stock’s 50-day moving average price is $122.20 and its 200-day moving average price is $118.84.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.355 per share. This is a positive change from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.42 annualized dividend and a dividend yield of 1.2%.

About iShares ESG MSCI USA Leaders ETF

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.