Lazard Asset Management LLC Sells 14,576 Shares of iShares MSCI ACWI ETF $ACWI

Lazard Asset Management LLC cut its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 44.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,949 shares of the company’s stock after selling 14,576 shares during the period. Lazard Asset Management LLC’s holdings in iShares MSCI ACWI ETF were worth $2,484,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Comerica Bank raised its stake in iShares MSCI ACWI ETF by 14.8% during the fourth quarter. Comerica Bank now owns 88,424 shares of the company’s stock worth $12,511,000 after buying an additional 11,430 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in iShares MSCI ACWI ETF by 255.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 483,180 shares of the company’s stock valued at $68,365,000 after acquiring an additional 347,070 shares during the last quarter. BIP Wealth LLC grew its holdings in iShares MSCI ACWI ETF by 41.5% during the 4th quarter. BIP Wealth LLC now owns 118,178 shares of the company’s stock worth $16,721,000 after acquiring an additional 34,655 shares during the period. Capital International Investors grew its holdings in iShares MSCI ACWI ETF by 297.1% during the 4th quarter. Capital International Investors now owns 762,501 shares of the company’s stock worth $108,588,000 after acquiring an additional 570,493 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in iShares MSCI ACWI ETF by 94.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 184,931 shares of the company’s stock worth $26,166,000 after acquiring an additional 89,963 shares during the period. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ:ACWI opened at $156.43 on Monday. iShares MSCI ACWI ETF has a 1 year low of $127.77 and a 1 year high of $160.03. The business’s 50-day moving average is $156.24 and its 200-day moving average is $149.70. The company has a market capitalization of $32.51 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $1.0097 dividend. The ex-dividend date of this dividend was Monday, June 15th.

About iShares MSCI ACWI ETF

The iShares MSCI ACWI ETF (ACWI) is an exchange-traded fund that is based on the MSCI AC World index. The fund tracks a market cap-weighted index of large- and mid-cap global stocks, covering 85% of the developed and emerging markets capitalization. ACWI was launched on Mar 26, 2008 and is managed by BlackRock.