Truist Financial Corp Lowers Stock Holdings in iShares MSCI ACWI ETF $ACWI

Truist Financial Corp reduced its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 11.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 215,623 shares of the company’s stock after selling 28,353 shares during the quarter. Truist Financial Corp’s holdings in iShares MSCI ACWI ETF were worth $29,808,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in iShares MSCI ACWI ETF by 16.9% in the 1st quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock worth $1,275,000 after buying an additional 1,585 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares MSCI ACWI ETF by 101.0% in the 1st quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock worth $548,000 after acquiring an additional 2,365 shares during the last quarter. Bartlett & CO. Wealth Management LLC boosted its stake in shares of iShares MSCI ACWI ETF by 607.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 495 shares of the company’s stock valued at $64,000 after purchasing an additional 425 shares in the last quarter. Pure Financial Advisors LLC grew its holdings in shares of iShares MSCI ACWI ETF by 7.1% during the 2nd quarter. Pure Financial Advisors LLC now owns 20,821 shares of the company’s stock valued at $2,678,000 after purchasing an additional 1,385 shares during the last quarter. Finally, Exchange Capital Management Inc. purchased a new position in iShares MSCI ACWI ETF in the 2nd quarter worth $240,000. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Down 0.1%

iShares MSCI ACWI ETF stock opened at $146.70 on Friday. The firm has a fifty day simple moving average of $142.67 and a two-hundred day simple moving average of $138.22. iShares MSCI ACWI ETF has a twelve month low of $101.25 and a twelve month high of $147.43. The company has a market capitalization of $26.85 billion, a PE ratio of 20.91 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

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

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.