Here's Why One Fund Invested $38 Million in an International Stock ETF

Adventist Health System West reported a new position in IXUS valued at approximately $38.2 million as of September 30, according to an SEC Form 13F filed on Tuesday.According to a Securities and Exchange Commission (SEC) filing released Tuesday, Adventist Health System West established a new position in the iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS). The fund acquired approximately 462,368 shares for a total transaction value of $38.2 million during the third quarter.This new position in IXUS represents 6.2% of Adventist Health System West's reportable 13F assets under management as of September 30.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool