Money Design Co. Ltd. Trims Stock Position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Money Design Co. Ltd. decreased its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 2.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 140,768 shares of the company’s stock after selling 3,636 shares during the quarter. iShares ESG Aware MSCI USA ETF makes up approximately 0.9% of Money Design Co. Ltd.’s investment portfolio, making the stock its 27th largest position. Money Design Co. Ltd.’s holdings in iShares ESG Aware MSCI USA ETF were worth $18,210,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its holdings in iShares ESG Aware MSCI USA ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 10,973,235 shares of the company’s stock valued at $1,384,603,000 after acquiring an additional 249,351 shares during the period. LPL Financial LLC increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 0.4% during the 3rd quarter. LPL Financial LLC now owns 1,448,809 shares of the company’s stock valued at $182,811,000 after purchasing an additional 6,472 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of iShares ESG Aware MSCI USA ETF by 15.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 597,003 shares of the company’s stock valued at $75,330,000 after purchasing an additional 80,162 shares during the period. Fiduciary Trust Co boosted its holdings in iShares ESG Aware MSCI USA ETF by 4.5% during the third quarter. Fiduciary Trust Co now owns 522,016 shares of the company’s stock worth $65,868,000 after buying an additional 22,561 shares in the last quarter. Finally, MML Investors Services LLC grew its position in iShares ESG Aware MSCI USA ETF by 0.8% during the third quarter. MML Investors Services LLC now owns 315,684 shares of the company’s stock valued at $39,833,000 after buying an additional 2,380 shares during the period.

iShares ESG Aware MSCI USA ETF Stock Performance

ESGU opened at $132.94 on Wednesday. The company has a fifty day moving average of $131.35 and a two-hundred day moving average of $126.49. iShares ESG Aware MSCI USA ETF has a fifty-two week low of $106.30 and a fifty-two week high of $134.50. The stock has a market capitalization of $14.20 billion, a price-to-earnings ratio of 25.85 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.408 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares ESG Aware MSCI USA ETF

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.