AMG National Trust Bank Reduces Stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

AMG National Trust Bank reduced its position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 1.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 756,084 shares of the company’s stock after selling 11,758 shares during the period. iShares MSCI ACWI ex U.S. ETF makes up about 1.1% of AMG National Trust Bank’s investment portfolio, making the stock its 20th biggest position. AMG National Trust Bank owned approximately 0.89% of iShares MSCI ACWI ex U.S. ETF worth $40,171,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ACWX. GAMMA Investing LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF during the fourth quarter valued at $50,000. Triad Wealth Partners LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF during the second quarter valued at $53,000. Principal Securities Inc. purchased a new position in iShares MSCI ACWI ex U.S. ETF during the fourth quarter valued at $56,000. Lowe Wealth Advisors LLC lifted its position in iShares MSCI ACWI ex U.S. ETF by 84.7% during the first quarter. Lowe Wealth Advisors LLC now owns 1,638 shares of the company’s stock valued at $87,000 after purchasing an additional 751 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its position in iShares MSCI ACWI ex U.S. ETF by 47.6% during the first quarter. Hazlett Burt & Watson Inc. now owns 1,747 shares of the company’s stock valued at $93,000 after purchasing an additional 563 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Up 1.8 %

NASDAQ ACWX traded up $0.97 on Friday, hitting $55.86. 605,815 shares of the company traded hands, compared to its average volume of 1,111,914. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. The business’s 50 day moving average price is $53.67 and its 200-day moving average price is $53.17. iShares MSCI ACWI ex U.S. ETF has a 52-week low of $44.89 and a 52-week high of $55.90.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.7839 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

About iShares MSCI ACWI ex U.S. ETF

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.