GRIMES & Co WEALTH MANAGEMENT LLC Invests $533,000 in iShares MSCI ACWI ex U.S. ETF $ACWX

GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,201 shares of the company’s stock, valued at approximately $533,000.

A number of other hedge funds have also bought and sold shares of the business. First Horizon Corp acquired a new position in iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at $1,438,000. Winthrop Advisory Group LLC grew its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 8.2% during the 3rd quarter. Winthrop Advisory Group LLC now owns 1,047,501 shares of the company’s stock worth $68,098,000 after purchasing an additional 78,982 shares in the last quarter. ORG Partners LLC increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 101.5% in the third quarter. ORG Partners LLC now owns 14,012 shares of the company’s stock worth $925,000 after purchasing an additional 7,059 shares during the period. Heck Capital Advisors LLC raised its stake in iShares MSCI ACWI ex U.S. ETF by 68.0% in the third quarter. Heck Capital Advisors LLC now owns 10,148 shares of the company’s stock valued at $660,000 after purchasing an additional 4,107 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its position in iShares MSCI ACWI ex U.S. ETF by 78.3% during the third quarter. Valmark Advisers Inc. now owns 6,809 shares of the company’s stock worth $443,000 after purchasing an additional 2,991 shares during the period.

iShares MSCI ACWI ex U.S. ETF Trading Up 0.4%

Shares of NASDAQ:ACWX opened at $69.76 on Thursday. The firm has a 50 day moving average of $66.94 and a 200-day moving average of $64.68. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $48.99 and a 12 month high of $69.86. The stock has a market capitalization of $8.48 billion, a PE ratio of 16.03 and a beta of 0.79.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $1.0488 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 318.0%.

iShares MSCI ACWI ex U.S. ETF Company Profile

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.