Truist Financial Corp Raises Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Truist Financial Corp grew its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 0.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 216,076 shares of the company’s stock after acquiring an additional 289 shares during the period. Truist Financial Corp’s holdings in iShares MSCI ACWI ETF were worth $25,389,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Pacifica Partners Inc. purchased a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at $40,000. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at $67,000. Avior Wealth Management LLC raised its stake in shares of iShares MSCI ACWI ETF by 405.0% in the 4th quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock valued at $71,000 after acquiring an additional 482 shares during the period. ORG Wealth Partners LLC purchased a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at $83,000. Finally, TD Private Client Wealth LLC grew its holdings in iShares MSCI ACWI ETF by 81.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock valued at $95,000 after purchasing an additional 355 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 opened at $124.10 on Wednesday. The company has a fifty day simple moving average of $120.16 and a 200 day simple moving average of $118.58. The firm has a market cap of $20.06 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a twelve month low of $104.29 and a twelve month high of $124.15.

iShares MSCI ACWI ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.0662 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.