Sanctuary Advisors LLC Acquires New Stake in iShares ESG Aware MSCI EAFE ETF

Sanctuary Advisors LLC has made a significant move in the investment world by acquiring a new stake in the iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) during the second quarter of this year. This acquisition was revealed in the most recent Form 13F filing with the Securities and Exchange Commission (SEC), which is a requirement for institutional investors to report their holdings.

The firm gathered 10,312 shares of the iShares ESG Aware MSCI EAFE ETF, which is estimated to be worth approximately $805,000. This expansion in their portfolio reflects Sanctuary Advisors' commitment to integrating sustainable investment strategies by tapping into the growing ESG (Environmental, Social, and Governance) sector.

In addition to Sanctuary Advisors, several other institutional investors have also adjusted their holdings in the iShares ESG Aware MSCI EAFE ETF. For instance, Able Wealth Management LLC acquired a new stake in the ETF in the last quarter, with a value of around $30,000. Meanwhile, Ruedi Wealth Management Inc. significantly increased its stake by 309.9% during the second quarter, owning 455 shares now valued at $36,000 after purchasing an additional 344 shares.

Your Advocates Ltd. LLP also expanded its holdings with a 39.3% uplift during the same quarter, bringing their total to 635 shares worth $50,000 after acquiring 179 extra shares. Similarly, Kimelman & Baird LLC entered into a new position in the ETF, valued at about $55,000, while Hobbs Group Advisors LLC procured a stake worth approximately $57,000.

Current Stock Performance of iShares ESG Aware MSCI EAFE ETF

As of the latest trading session, shares of the iShares ESG Aware MSCI EAFE ETF opened at $82.76. The fund maintains a 50-day simple moving average of $81.62 and a 200-day moving average of $80.30. Over the past year, the stock has fluctuated, recording a low of $65.74 and a high of $85.04. Currently, the ETF has a market capitalization of $8.64 billion, a PE ratio of 15.45, and a beta of 0.86, indicating a relatively stable performance compared to the broader market.

Overview of iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is designed to provide investors with exposure to developed market companies outside of North America that are selected based on their positive environmental, social, and governance characteristics. The ETF follows the MSCI EAFE Extended ESG Focus index and was launched on June 28, 2016, under the management of BlackRock.

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investment, ETFs, acquisition