Sage Financial Group Inc. Raises Stock Holdings in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Sage Financial Group Inc. grew its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 51.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 103,105 shares of the company’s stock after buying an additional 34,898 shares during the period. iShares MSCI ACWI ex U.S. ETF comprises 0.4% of Sage Financial Group Inc.’s holdings, making the stock its 26th biggest position. Sage Financial Group Inc.’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $5,378,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 21,200 shares of the company’s stock worth $1,126,000 after acquiring an additional 246 shares during the period. Smith Anglin Financial LLC grew its holdings in iShares MSCI ACWI ex U.S. ETF by 1.5% during the 4th quarter. Smith Anglin Financial LLC now owns 17,057 shares of the company’s stock valued at $890,000 after buying an additional 248 shares in the last quarter. Mirador Capital Partners LP grew its holdings in iShares MSCI ACWI ex U.S. ETF by 3.8% during the 4th quarter. Mirador Capital Partners LP now owns 7,460 shares of the company’s stock valued at $389,000 after buying an additional 270 shares in the last quarter. Maple Capital Management Inc. raised its position in shares of iShares MSCI ACWI ex U.S. ETF by 2.4% during the third quarter. Maple Capital Management Inc. now owns 11,776 shares of the company’s stock valued at $674,000 after buying an additional 280 shares during the last quarter. Finally, Loudon Investment Management LLC lifted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 3.7% in the third quarter. Loudon Investment Management LLC now owns 7,942 shares of the company’s stock worth $454,000 after buying an additional 281 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Performance

ACWX opened at $53.88 on Thursday. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. The company has a fifty day moving average of $53.32 and a 200 day moving average of $54.34. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $49.78 and a fifty-two week high of $57.96.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.7673 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.