SVB Wealth LLC Sells 7,208 Shares of iShares MSCI ACWI ex U.S. ETF $ACWX

SVB Wealth LLC cut its position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 10.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 64,205 shares of the company’s stock after selling 7,208 shares during the quarter. SVB Wealth LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $4,174,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth about $33,000. Rossmore Private Capital acquired a new stake in iShares MSCI ACWI ex U.S. ETF during the third quarter worth approximately $33,000. Ameritas Advisory Services LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF in the second quarter worth approximately $53,000. Clearstead Trust LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF in the second quarter valued at approximately $57,000. Finally, Cullen Frost Bankers Inc. acquired a new position in iShares MSCI ACWI ex U.S. ETF in the third quarter valued at approximately $81,000.

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

Shares of ACWX stock opened at $72.95 on Tuesday. The company has a market cap of $8.94 billion, a price-to-earnings ratio of 16.03 and a beta of 0.79. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $48.99 and a 52 week high of $73.04. The firm has a 50 day moving average of $68.72 and a 200-day moving average of $65.94.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $1.0488 dividend. This represents a yield of 318.0%. The ex-dividend date was Tuesday, December 16th.

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.