Truist Financial Corp Cuts Stock Holdings in iShares ESG Aware MSCI USA ETF $ESGU

Truist Financial Corp trimmed its holdings in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 5.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 82,256 shares of the company’s stock after selling 4,955 shares during the period. Truist Financial Corp’s holdings in iShares ESG Aware MSCI USA ETF were worth $11,129,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in ESGU. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares ESG Aware MSCI USA ETF during the second quarter valued at about $57,000. Continuum Advisory LLC raised its stake in shares of iShares ESG Aware MSCI USA ETF by 34.4% during the first quarter. Continuum Advisory LLC now owns 578 shares of the company’s stock valued at $70,000 after acquiring an additional 148 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in shares of iShares ESG Aware MSCI USA ETF by 45.7% during the first quarter. Cornerstone Planning Group LLC now owns 596 shares of the company’s stock valued at $70,000 after acquiring an additional 187 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of iShares ESG Aware MSCI USA ETF by 28.5% during the first quarter. GAMMA Investing LLC now owns 604 shares of the company’s stock valued at $74,000 after acquiring an additional 134 shares during the last quarter. Finally, FSC Wealth Advisors LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF during the first quarter valued at about $83,000.

iShares ESG Aware MSCI USA ETF Trading Up 0.0%

Shares of NASDAQ:ESGU opened at $146.46 on Friday. The company has a market cap of $15.00 billion, a price-to-earnings ratio of 25.34 and a beta of 1.02. The company has a 50-day moving average price of $141.66 and a 200-day moving average price of $131.99. iShares ESG Aware MSCI USA ETF has a 12 month low of $105.18 and a 12 month high of $147.17.

iShares ESG Aware MSCI USA ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.3655 per share. This represents a $1.46 annualized dividend and a dividend yield of 1.0%. This is a positive change from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, September 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.