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

Cahaba Wealth Management Inc. raised its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,460 shares of the company’s stock after purchasing an additional 621 shares during the quarter. iShares MSCI ACWI ETF accounts for approximately 0.6% of Cahaba Wealth Management Inc.’s holdings, making the stock its 18th biggest position. Cahaba Wealth Management Inc.’s holdings in iShares MSCI ACWI ETF were worth $6,908,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Advisor OS LLC bought a new stake in shares of iShares MSCI ACWI ETF during the 2nd quarter valued at about $3,008,000. Savant Capital LLC lifted its position in shares of iShares MSCI ACWI ETF by 16.4% during the 2nd quarter. Savant Capital LLC now owns 6,892 shares of the company’s stock valued at $775,000 after buying an additional 973 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of iShares MSCI ACWI ETF by 4.1% during the 2nd quarter. Private Advisor Group LLC now owns 8,202 shares of the company’s stock valued at $922,000 after buying an additional 326 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of iShares MSCI ACWI ETF by 3.6% during the 2nd quarter. Victory Capital Management Inc. now owns 118,225 shares of the company’s stock valued at $13,288,000 after buying an additional 4,056 shares in the last quarter. Finally, TD Capital Management LLC lifted its position in shares of iShares MSCI ACWI ETF by 0.3% during the 2nd quarter. TD Capital Management LLC now owns 67,177 shares of the company’s stock valued at $7,551,000 after buying an additional 170 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Down 1.7 %

ACWI stock opened at $112.31 on Friday. iShares MSCI ACWI ETF has a twelve month low of $88.33 and a twelve month high of $117.13. The stock has a market cap of $17.97 billion, a P/E ratio of 19.74 and a beta of 0.93. The business’s 50-day moving average price is $113.81 and its 200-day moving average price is $110.92.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were given a dividend of $0.9354 per share. The ex-dividend date was Tuesday, June 11th.

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.