iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 49.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,804,322 shares of the exchange traded fund’s stock after selling 5,595,943 shares during the period. JPMorgan Chase & Co.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $558,840,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EMB. Cary Street Partners Financial LLC purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth approximately $34,000. EQ Wealth Advisors LLC acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at $42,000. Sound Income Strategies LLC grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 152.9% in the 4th quarter. Sound Income Strategies LLC now owns 478 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 289 shares during the last quarter. Olistico Wealth LLC acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth $55,000. Finally, Rossby Financial LCC lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 45.3% in the third quarter. Rossby Financial LCC now owns 757 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 236 shares during the last quarter. Institutional investors and hedge funds own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Price Performance

Shares of EMB opened at $95.35 on Thursday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $90.81 and a 1-year high of $97.80. The firm has a fifty day moving average price of $95.52 and a 200 day moving average price of $95.97.

iShares J.P. Morgan USD Emerging Markets Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.407 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Monday, June 1st.

iShares J.P. Morgan USD Emerging Markets Bond ETF Company Profile

iShares J.P. Morgan USD Emerging Markets Bond ETF, formerly iShares JPMorgan USD Emerging Markets Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the JPMorgan EMBI Global Core Index (the Index). The Index is a diverse United States dollar-denominated emerging markets debt benchmark, which tracks the total return of actively traded external debt instruments in emerging market countries. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.