NewEdge Wealth LLC Has $1.67 Million Position in iShares MSCI ACWI ex U.S. ETF $ACWX

NewEdge Wealth LLC trimmed its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 76.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,198 shares of the company’s stock after selling 81,895 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $1,665,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth $250,000. AQR Capital Management LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 8.2% during the 1st quarter. AQR Capital Management LLC now owns 19,813 shares of the company’s stock valued at $1,099,000 after acquiring an additional 1,498 shares in the last quarter. Goldman Sachs Group Inc. grew its position in iShares MSCI ACWI ex U.S. ETF by 1.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,222,535 shares of the company’s stock worth $67,790,000 after acquiring an additional 23,283 shares during the last quarter. Allianz Asset Management GmbH acquired a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth about $85,000. Finally, Chicago Partners Investment Group LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth about $245,000.

iShares MSCI ACWI ex U.S. ETF Trading Up 1.2%

Shares of ACWX stock opened at $74.12 on Friday. The firm has a market capitalization of $9.09 billion, a price-to-earnings ratio of 16.03 and a beta of 0.79. The business’s 50-day moving average price is $69.88 and its 200-day moving average price is $66.69. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $48.99 and a 12 month high of $74.12.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $1.0488 per share. The ex-dividend date was Tuesday, December 16th. This represents a yield of 318.0%.

iShares MSCI ACWI ex U.S. ETF Company Profile

The iShares MSCI ACWI ex U.S. ETF (ACWX) is an exchange-traded fund that is based on the MSCI AC World ex USA index. The fund tracks the performance of a market-cap-weighted index of international stocks. It captures 85% of the publicly available market, thus excluding small-caps. ACWX was launched on Mar 26, 2008 and is managed by BlackRock.