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

NewEdge Wealth LLC lessened its stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 76.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 bought and sold shares of ACWX. Golden State Wealth Management LLC bought a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at about $33,000. Rossmore Private Capital acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth approximately $33,000. Clearstead Trust LLC bought a new position in iShares MSCI ACWI ex U.S. ETF in the second quarter valued at approximately $57,000. Cullen Frost Bankers Inc. bought a new position in iShares MSCI ACWI ex U.S. ETF in the third quarter valued at approximately $81,000. Finally, Allianz Asset Management GmbH acquired a new position in iShares MSCI ACWI ex U.S. ETF during the second quarter valued at approximately $85,000.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of ACWX stock opened at $74.12 on Friday. The stock’s fifty day moving average price is $69.88 and its two-hundred day moving average price is $66.69. The company has a market cap of $9.09 billion, a PE ratio of 16.03 and a beta of 0.79. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $48.99 and a fifty-two week high of $74.12.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

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

About iShares MSCI ACWI ex U.S. ETF

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.