I was originally planning on waiting for the weapon myself (takes 3 weeks).
But I have the Ravanna weapon within my sights now so I'm not sure. Got 7 totems so far.
I opted for the Alexander pants, so I might just go for the Esoterics chest piece if I can also get the Hive weapon this week.

For the Hive Shield, I believe it's an "extra" drop that's independent of the 1h Sword... I swear I've seen the shield drop at the exact same time as a weapon that WASN'T the Sword.