In a recent 13F filing with the Securities and Exchange Commission, ONE Advisory Partners LLC divulged that it has trimmed its stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 47.8% in the first quarter of 2023. The firm now owns 58,893 shares of the company’s stock after selling 53,921 shares during this period. Despite this reduction, iShares ESG Aware MSCI USA ETF still comprises 3.1% of ONE Advisory Partners LLC’s overall investment portfolio and remains its twelfth biggest holding. The holdings in iShares ESG Aware MSCI USA ETF were worth $5,327,000 as of its most recent filing with the Securities and Exchange Commission.
Aside from the downsizing move, the firm also announced recently that a quarterly dividend was paid on Tuesday, June 13th to stockholders of record on Thursday, June 8th. The payment amounted to $0.2981 per share which represents a $1.19 dividend annually and an impressive dividend yield of 1.25%. It is important to note that for investors who have not yet purchased shares of ESGU with hopes of obtaining dividends, they must consider that the ex-dividend date for this particular distribution was Wednesday, June 7th.
For those wondering about what other hedge funds are up to regarding their holdings in ESGU might benefit from a visit to HoldingsChannel.com where they can get access to late-breaking information on insider trades and latest filings within the company.
It appears that though ONE Advisory Partners LLC reduced their stake in iShares ESG Aware MSCI USA ETF during Q1/2023; they still maintain a notable position within their overall investment portfolio making it clear that despite market fluctuations or any changes in interest rates – there is no dulling enthusiasm for responsible investing strategies amongst US investors.
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Investing in a Sustainable Future: Exploring the iShares ESG Aware MSCI USA ETF (ESGU)
[stock_market_widget type=”chart” template=”basic” color=”#3946CE” assets=”ESGU” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” api=”yf”]Investors are always looking for opportunities to grow their wealth and diversify their portfolios. With the increasing concern for the impact of corporations on society and the environment, investing in companies with positive environmental, social, and corporate governance (ESG) characteristics has become a popular trend in recent years. The iShares ESG Aware MSCI USA ETF (ESGU) is one such investment option that stands out.
ESGU is an exchange-traded fund managed by BlackRock that tracks the MSCI USA Extended ESG Focus index. It comprises US companies that are selected based on their positive ESG ratings and weighted accordingly. This allows investors to gain exposure to well-performing US companies with strong alignment with ESG principles.
Since its launch on December 1st , 2016, this investment opportunity has gained a lot of attention from investors seeking to create a sustainable future while earning profits. On June 22nd , 2023, it opened at $95.67 with a market cap of $14.23 billion, making it one of the leading ESG-focused investment vehicles available.
Several hedge funds have recently added or reduced their stakes in ESGU stock, indicating growing interest in socially responsible investments. Whalerock Point Partners LLC acquired a new stake worth around $201,860,000 in Q3 of last year. Farmers & Merchants Investments Inc., Hollencrest Capital Management, Rice Partnership LLC, and Family Asset Management LLC also bought stakes in the company worth varying amounts during Q4 of 2022.
In addition to gaining popularity among investors due to its investment philosophy and growth potential, the iShares ESG Aware MSCI USA ETF provides transparency regarding individual holdings through regular disclosures on its website. This enables investors to make informed decisions based on what they own within their portfolio.
BlackRock’s ongoing management strategy further sets this fund apart from other comparable options by regularly monitoring each holding company’s compliance with its stated ESG criteria. Additionally, the iShares ESG Aware MSCI USA ETF also has a relatively low expense ratio of 0.15%, making it an affordable and practical option for investors looking to make a positive impact while generating significant returns.
Overall, with increasing focus on the importance of sustainable investing, the iShares ESG Aware MSCI USA ETF appears poised to further grow and expand over the coming years. As more investors seek out opportunities that align with their values, this fund could continue to prove an attractive option for those seeking to generate wealth while positively influencing society and the environment.
