Abundance Wealth Counselors Invests $28.18 Million in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Abundance Wealth Counselors purchased a new position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the first quarter, HoldingsChannel.com reports. The fund purchased 508,265 shares of the company’s stock, valued at approximately $28,183,000. iShares MSCI ACWI ex U.S. ETF accounts for approximately 5.9% of Abundance Wealth Counselors’ investment portfolio, making the stock its 2nd biggest position.

Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in iShares MSCI ACWI ex U.S. ETF by 51.6% in the 4th quarter. Bank of America Corp DE now owns 7,498,372 shares of the company’s stock worth $391,115,000 after acquiring an additional 2,551,619 shares during the last quarter. Merit Financial Group LLC raised its holdings in iShares MSCI ACWI ex U.S. ETF by 15,313.1% in the 1st quarter. Merit Financial Group LLC now owns 1,712,700 shares of the company’s stock worth $94,969,000 after acquiring an additional 1,701,588 shares during the last quarter. German American Bancorp Inc. raised its holdings in iShares MSCI ACWI ex U.S. ETF by 1.2% in the 4th quarter. German American Bancorp Inc. now owns 1,555,236 shares of the company’s stock worth $81,121,000 after acquiring an additional 18,373 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares MSCI ACWI ex U.S. ETF by 5.3% in the 4th quarter. Captrust Financial Advisors now owns 1,089,204 shares of the company’s stock worth $56,813,000 after acquiring an additional 55,273 shares during the last quarter. Finally, Lazard Asset Management LLC raised its holdings in iShares MSCI ACWI ex U.S. ETF by 296.4% in the 4th quarter. Lazard Asset Management LLC now owns 1,008,403 shares of the company’s stock worth $52,598,000 after acquiring an additional 753,989 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Up 0.1%

Shares of NASDAQ ACWX opened at $59.27 on Friday. iShares MSCI ACWI ex U.S. ETF has a twelve month low of $48.99 and a twelve month high of $61.28. The firm has a market cap of $6.25 billion, a P/E ratio of 16.00 and a beta of 0.82. The company has a 50 day moving average of $58.22 and a 200 day moving average of $55.65.

iShares MSCI ACWI ex U.S. ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 20th. Investors of record on Monday, June 16th will be issued a $0.8468 dividend. This is a positive change from iShares MSCI ACWI ex U.S. ETF’s previous dividend of $0.77. The ex-dividend date is Monday, June 16th.

iShares MSCI ACWI ex U.S. ETF 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.