SVB Wealth LLC Acquires Shares of 8,616 iShares MSCI ACWI ETF (NASDAQ:ACWI)

SVB Wealth LLC bought a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,616 shares of the company’s stock, valued at approximately $1,012,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Cherrydale Wealth Management LLC lifted its stake in iShares MSCI ACWI ETF by 0.9% during the fourth quarter. Cherrydale Wealth Management LLC now owns 10,475 shares of the company’s stock worth $1,231,000 after purchasing an additional 94 shares during the last quarter. Merit Financial Group LLC boosted its stake in iShares MSCI ACWI ETF by 1.5% in the fourth quarter. Merit Financial Group LLC now owns 7,539 shares of the company’s stock valued at $886,000 after buying an additional 112 shares in the last quarter. Sapient Capital LLC grew its position in iShares MSCI ACWI ETF by 4.9% in the fourth quarter. Sapient Capital LLC now owns 2,587 shares of the company’s stock valued at $304,000 after acquiring an additional 121 shares during the last quarter. Ballew Advisors Inc raised its stake in iShares MSCI ACWI ETF by 2.2% during the fourth quarter. Ballew Advisors Inc now owns 6,016 shares of the company’s stock worth $700,000 after acquiring an additional 128 shares in the last quarter. Finally, Bellwether Advisors LLC lifted its holdings in shares of iShares MSCI ACWI ETF by 3.2% in the third quarter. Bellwether Advisors LLC now owns 5,139 shares of the company’s stock worth $614,000 after acquiring an additional 161 shares during the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 1.1 %

ACWI opened at $119.55 on Tuesday. The company’s 50 day moving average is $120.45 and its 200-day moving average is $119.39. The company has a market cap of $19.20 billion, a P/E ratio of 22.13 and a beta of 0.94. iShares MSCI ACWI ETF has a 1-year low of $104.29 and a 1-year high of $124.15.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.0662 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.