iShares MSCI ACWI ETF (NASDAQ:ACWI) Stock Holdings Boosted by Independent Wealth Network Inc.

Independent Wealth Network Inc. grew its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 0.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,499 shares of the company’s stock after acquiring an additional 138 shares during the period. iShares MSCI ACWI ETF comprises approximately 1.9% of Independent Wealth Network Inc.’s holdings, making the stock its 9th biggest holding. Independent Wealth Network Inc.’s holdings in iShares MSCI ACWI ETF were worth $4,714,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Allen Capital Group LLC bought a new stake in iShares MSCI ACWI ETF in the 1st quarter valued at about $298,000. Victory Capital Management Inc. raised its position in shares of iShares MSCI ACWI ETF by 90.3% during the 1st quarter. Victory Capital Management Inc. now owns 80,414 shares of the company’s stock worth $9,359,000 after buying an additional 38,148 shares in the last quarter. Bridgewater Advisors Inc. bought a new stake in shares of iShares MSCI ACWI ETF during the 1st quarter worth about $277,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of iShares MSCI ACWI ETF by 3,233.3% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 900 shares of the company’s stock worth $105,000 after buying an additional 873 shares in the last quarter. Finally, BluePointe Capital Management LLC raised its position in shares of iShares MSCI ACWI ETF by 74.6% during the 1st quarter. BluePointe Capital Management LLC now owns 104,716 shares of the company’s stock worth $12,188,000 after buying an additional 44,751 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.4%

ACWI stock opened at $129.86 on Friday. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $130.14. The company has a market capitalization of $22.47 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. The firm’s 50-day moving average is $125.79 and its two-hundred day moving average is $120.51.

iShares MSCI ACWI ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid a $0.9612 dividend. The ex-dividend date of this dividend was Monday, June 16th.

About iShares MSCI ACWI ETF

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.