Brookstone Capital Management Raises Position in iShares ESG Aware MSCI USA ETF $ESGU

Brookstone Capital Management boosted its position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 223,718 shares of the company’s stock after buying an additional 17,456 shares during the period. Brookstone Capital Management owned 0.21% of iShares ESG Aware MSCI USA ETF worth $33,330,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Endeavor Private Wealth Inc. acquired a new position in iShares ESG Aware MSCI USA ETF in the 3rd quarter valued at $514,000. Ally Invest Advisors Inc. boosted its stake in iShares ESG Aware MSCI USA ETF by 1.8% during the 2nd quarter. Ally Invest Advisors Inc. now owns 332,448 shares of the company’s stock worth $44,980,000 after purchasing an additional 6,001 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in iShares ESG Aware MSCI USA ETF during the 2nd quarter worth $645,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares ESG Aware MSCI USA ETF during the second quarter worth $2,001,000. Finally, Gilbert Capital Group Inc. purchased a new stake in shares of iShares ESG Aware MSCI USA ETF during the second quarter worth $3,103,000.

iShares ESG Aware MSCI USA ETF Stock Down 0.3%

Shares of NASDAQ ESGU opened at $137.39 on Tuesday. The firm has a 50-day simple moving average of $147.46 and a 200-day simple moving average of $147.70. The stock has a market capitalization of $14.45 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a 52 week low of $105.18 and a 52 week high of $152.31.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.3698 per share. This represents a $1.48 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, March 17th.

iShares ESG Aware MSCI USA ETF Company 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.