Asset Dedication LLC Trims Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Asset Dedication LLC cut its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 13.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 106,544 shares of the company’s stock after selling 16,758 shares during the period. iShares Core MSCI EAFE ETF comprises approximately 0.6% of Asset Dedication LLC’s portfolio, making the stock its 28th largest position. Asset Dedication LLC’s holdings in iShares Core MSCI EAFE ETF were worth $7,488,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new position in iShares Core MSCI EAFE ETF in the third quarter worth $30,000. Union Savings Bank grew its position in iShares Core MSCI EAFE ETF by 39.6% in the fourth quarter. Union Savings Bank now owns 501 shares of the company’s stock worth $35,000 after acquiring an additional 142 shares in the last quarter. Breakwater Investment Management purchased a new position in iShares Core MSCI EAFE ETF in the fourth quarter worth $36,000. St. Johns Investment Management Company LLC purchased a new position in iShares Core MSCI EAFE ETF in the third quarter worth $37,000. Finally, FSA Wealth Management LLC bought a new stake in iShares Core MSCI EAFE ETF in the third quarter worth $38,000.

iShares Core MSCI EAFE ETF Stock Up 5.3 %

iShares Core MSCI EAFE ETF stock opened at $73.48 on Wednesday. The company has a market capitalization of $115.36 billion, a PE ratio of 14.38 and a beta of 0.82. The firm has a fifty day simple moving average of $71.97 and a two-hundred day simple moving average of $73.91. iShares Core MSCI EAFE ETF has a twelve month low of $56.55 and a twelve month high of $70.84.

About iShares Core MSCI EAFE ETF

The iShares Core MSCI EAFE ETF (IEFA) is an exchange-traded fund that is based on the MSCI EAFE IMI index, a market-cap-weighted index of developed-market stocks in Europe, Australasia and the Far East, and excludes North America IEFA was launched on Oct 18, 2012 and is managed by BlackRock.