Uniting Wealth Partners LLC Buys New Stake in iShares MSCI ACWI ETF $ACWI

Uniting Wealth Partners LLC bought a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 8,926 shares of the company’s stock, valued at approximately $1,234,000.

A number of other hedge funds also recently bought and sold shares of the company. Mawer Investment Management Ltd. bought a new stake in shares of iShares MSCI ACWI ETF during the third quarter valued at approximately $5,644,000. Permanent Capital Management LP acquired a new stake in iShares MSCI ACWI ETF during the third quarter worth $7,584,000. Drake & Associates LLC increased its holdings in iShares MSCI ACWI ETF by 11.5% in the 3rd quarter. Drake & Associates LLC now owns 204,224 shares of the company’s stock valued at $28,706,000 after buying an additional 20,997 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of iShares MSCI ACWI ETF by 11.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 61,579 shares of the company’s stock valued at $8,513,000 after buying an additional 6,538 shares in the last quarter. Finally, Assetmark Inc. raised its stake in shares of iShares MSCI ACWI ETF by 73.1% in the 3rd quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock valued at $108,979,000 after buying an additional 332,908 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $145.92 on Friday. The company has a 50-day moving average of $143.87 and a 200-day moving average of $139.46. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $148.41. The company has a market capitalization of $27.00 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $1.2353 per share. This represents a yield of 176.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

iShares MSCI ACWI ETF Company Profile

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.