Citigroup Inc. Increases Stake in iShares ESG Aware MSCI USA ETF $ESGU

Citigroup Inc. grew its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 74.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 618,989 shares of the company’s stock after acquiring an additional 263,387 shares during the period. Citigroup Inc. owned about 0.61% of iShares ESG Aware MSCI USA ETF worth $90,125,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ESGU. Rossby Financial LCC increased its position in shares of iShares ESG Aware MSCI USA ETF by 2.6% in the 3rd quarter. Rossby Financial LCC now owns 3,987 shares of the company’s stock valued at $583,000 after purchasing an additional 101 shares during the last quarter. Lion Street Advisors LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF during the third quarter worth $697,000. Wealth Alliance LLC increased its holdings in iShares ESG Aware MSCI USA ETF by 7.9% in the third quarter. Wealth Alliance LLC now owns 9,237 shares of the company’s stock valued at $1,345,000 after buying an additional 677 shares during the last quarter. Burling Wealth Partners LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the third quarter valued at $320,000. Finally, NewEdge Wealth LLC raised its stake in iShares ESG Aware MSCI USA ETF by 30.0% in the third quarter. NewEdge Wealth LLC now owns 2,103 shares of the company’s stock valued at $312,000 after buying an additional 485 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of NASDAQ ESGU opened at $149.94 on Monday. The business has a 50-day moving average of $149.88 and a two-hundred day moving average of $146.86. The company has a market capitalization of $15.77 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a 1 year low of $105.18 and a 1 year high of $152.31.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $0.4554 dividend. This represents a $1.82 dividend on an annualized basis and a yield of 1.2%. This is a positive change from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Tuesday, December 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.