Cahaba Wealth Management Inc. Buys 621 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Cahaba Wealth Management Inc. grew its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,460 shares of the company’s stock after acquiring an additional 621 shares during the quarter. iShares MSCI ACWI ETF comprises approximately 0.6% of Cahaba Wealth Management Inc.’s portfolio, making the stock its 18th biggest position. Cahaba Wealth Management Inc.’s holdings in iShares MSCI ACWI ETF were worth $6,908,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Cherrydale Wealth Management LLC increased its holdings in shares of iShares MSCI ACWI ETF by 0.8% during the second quarter. Cherrydale Wealth Management LLC now owns 10,381 shares of the company’s stock valued at $1,167,000 after acquiring an additional 87 shares in the last quarter. Mather Group LLC. increased its holdings in iShares MSCI ACWI ETF by 2.2% in the 1st quarter. Mather Group LLC. now owns 4,654 shares of the company’s stock worth $474,000 after buying an additional 99 shares in the last quarter. HB Wealth Management LLC increased its holdings in iShares MSCI ACWI ETF by 0.5% in the 1st quarter. HB Wealth Management LLC now owns 21,072 shares of the company’s stock worth $2,321,000 after buying an additional 104 shares in the last quarter. TFO Wealth Partners LLC increased its holdings in iShares MSCI ACWI ETF by 0.9% in the 4th quarter. TFO Wealth Partners LLC now owns 11,329 shares of the company’s stock worth $1,152,903,000 after buying an additional 106 shares in the last quarter. Finally, CIBC Private Wealth Group LLC increased its holdings in iShares MSCI ACWI ETF by 0.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 12,203 shares of the company’s stock worth $1,242,000 after buying an additional 113 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

NASDAQ ACWI opened at $112.31 on Friday. iShares MSCI ACWI ETF has a one year low of $88.33 and a one year high of $117.13. The stock has a 50-day moving average of $113.81 and a 200 day moving average of $110.92. The company has a market capitalization of $17.97 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a $0.9354 dividend. The ex-dividend date was Tuesday, June 11th.

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.