Montecito Bank & Trust Purchases Shares of 9,060 iShares MSCI ACWI ETF $ACWI

Montecito Bank & Trust acquired a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,060 shares of the company’s stock, valued at approximately $1,252,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP grew its stake in iShares MSCI ACWI ETF by 79.6% during the first quarter. Wellington Management Group LLP now owns 69,202 shares of the company’s stock worth $8,054,000 after purchasing an additional 30,663 shares during the period. Hsbc Holdings PLC grew its position in shares of iShares MSCI ACWI ETF by 17.3% during the 1st quarter. Hsbc Holdings PLC now owns 561,341 shares of the company’s stock worth $65,334,000 after buying an additional 82,834 shares during the period. GM Advisory Group LLC grew its position in shares of iShares MSCI ACWI ETF by 12.6% during the 1st quarter. GM Advisory Group LLC now owns 3,934 shares of the company’s stock worth $458,000 after buying an additional 441 shares during the period. Partners Capital Investment Group LLP increased its stake in shares of iShares MSCI ACWI ETF by 176.1% in the 1st quarter. Partners Capital Investment Group LLP now owns 256,859 shares of the company’s stock valued at $29,896,000 after acquiring an additional 163,838 shares in the last quarter. Finally, Summit Financial LLC lifted its position in shares of iShares MSCI ACWI ETF by 51.3% during the 1st quarter. Summit Financial LLC now owns 16,536 shares of the company’s stock valued at $1,925,000 after acquiring an additional 5,604 shares during the period. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Up 0.8%

Shares of NASDAQ ACWI opened at $139.71 on Friday. The firm has a market cap of $23.39 billion, a PE ratio of 20.91 and a beta of 0.93. The company’s fifty day simple moving average is $140.18 and its 200 day simple moving average is $134.65. iShares MSCI ACWI ETF has a 12-month low of $101.25 and a 12-month high of $143.24.

iShares MSCI ACWI ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th will be given a dividend of $1.2353 per share. This represents a dividend yield of 176.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

iShares MSCI ACWI ETF 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.