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

SVB Wealth LLC trimmed its position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 10.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 64,205 shares of the company’s stock after selling 7,208 shares during the quarter. SVB Wealth LLC owned approximately 0.06% of iShares MSCI ACWI ex U.S. ETF worth $4,174,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at approximately $33,000. Rossmore Private Capital bought a new stake in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth approximately $33,000. Ameritas Advisory Services LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at approximately $53,000. Clearstead Trust LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at approximately $57,000. Finally, Cullen Frost Bankers Inc. bought a new position in shares of iShares MSCI ACWI ex U.S. ETF during the third quarter valued at $81,000.

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

Shares of iShares MSCI ACWI ex U.S. ETF stock opened at $72.95 on Tuesday. The stock 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 twelve month low of $48.99 and a twelve month high of $73.04. The company’s fifty day moving average is $68.72 and its 200 day moving average is $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. Stockholders 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 dividend yield of 318.0%.

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.