Channel Wealth LLC Takes $8.97 Million Position in iShares MSCI ACWI ETF $ACWI

Channel Wealth LLC bought a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 64,887 shares of the company’s stock, valued at approximately $8,970,000. iShares MSCI ACWI ETF makes up 2.4% of Channel Wealth LLC’s portfolio, making the stock its 10th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ACWI. Cherrydale Wealth Management LLC raised its position in iShares MSCI ACWI ETF by 0.8% in the 2nd quarter. Cherrydale Wealth Management LLC now owns 10,555 shares of the company’s stock valued at $1,357,000 after purchasing an additional 80 shares during the last quarter. TFO Wealth Partners LLC raised its holdings in shares of iShares MSCI ACWI ETF by 0.8% in the second quarter. TFO Wealth Partners LLC now owns 11,616 shares of the company’s stock valued at $1,494,000 after buying an additional 89 shares during the last quarter. Sheets Smith Wealth Management raised its holdings in shares of iShares MSCI ACWI ETF by 1.4% in the second quarter. Sheets Smith Wealth Management now owns 7,029 shares of the company’s stock valued at $904,000 after buying an additional 99 shares during the last quarter. YHB Investment Advisors Inc. lifted its position in iShares MSCI ACWI ETF by 1.1% during the 2nd quarter. YHB Investment Advisors Inc. now owns 9,300 shares of the company’s stock worth $1,196,000 after buying an additional 100 shares in the last quarter. Finally, Ruggaard & Associates LLC grew its holdings in iShares MSCI ACWI ETF by 3.9% during the 1st quarter. Ruggaard & Associates LLC now owns 2,923 shares of the company’s stock worth $340,000 after acquiring an additional 110 shares during the last quarter. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Down 1.0%

ACWI opened at $138.56 on Thursday. iShares MSCI ACWI ETF has a 1-year low of $101.25 and a 1-year high of $143.24. The stock has a market capitalization of $23.19 billion, a PE ratio of 20.91 and a beta of 0.93. The firm has a 50-day moving average price of $140.18 and a two-hundred day moving average price of $134.62.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 16th will be given a $1.2353 dividend. This represents a yield of 176.0%. The ex-dividend date is Tuesday, December 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.