iShares MSCI ACWI ETF (NASDAQ:ACWI) Shares Bought by Blue Trust Inc.

Blue Trust Inc. lifted its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.3% during the first quarter, Holdings Channel reports. The institutional investor owned 410,848 shares of the company’s stock after purchasing an additional 9,222 shares during the quarter. iShares MSCI ACWI ETF comprises 0.6% of Blue Trust Inc.’s investment portfolio, making the stock its 25th biggest holding. Blue Trust Inc.’s holdings in iShares MSCI ACWI ETF were worth $47,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently made changes to their positions in ACWI. Union Bancaire Privee UBP SA purchased a new stake in shares of iShares MSCI ACWI ETF in the fourth quarter valued at $18,093,000. Rhumbline Advisers raised its holdings in iShares MSCI ACWI ETF by 26.4% in the 4th quarter. Rhumbline Advisers now owns 11,224 shares of the company’s stock valued at $1,319,000 after acquiring an additional 2,346 shares during the last quarter. Allworth Financial LP raised its holdings in iShares MSCI ACWI ETF by 20.7% in the 4th quarter. Allworth Financial LP now owns 2,177 shares of the company’s stock valued at $264,000 after acquiring an additional 373 shares during the last quarter. J.W. Cole Advisors Inc. lifted its stake in shares of iShares MSCI ACWI ETF by 4.5% during the 4th quarter. J.W. Cole Advisors Inc. now owns 4,432 shares of the company’s stock worth $521,000 after purchasing an additional 192 shares during the period. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter worth $582,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI opened at $124.29 on Thursday. The company has a market cap of $21.50 billion, a P/E ratio of 21.59 and a beta of 0.93. iShares MSCI ACWI ETF has a 12 month low of $101.25 and a 12 month high of $126.99. The company has a 50-day moving average of $120.14 and a 200-day moving average of $119.44.

iShares MSCI ACWI ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, June 16th will be issued a dividend of $0.9612 per share. The ex-dividend date is Monday, June 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.