Horizon Investments LLC Boosts Stake in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Horizon Investments LLC raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 48.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 316,098 shares of the exchange traded fund’s stock after purchasing an additional 103,730 shares during the period. Horizon Investments LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $30,434,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Richardson Capital Management LLC purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 3rd quarter valued at about $26,000. First United Bank & Trust increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 47.7% during the 3rd quarter. First United Bank & Trust now owns 415 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 134 shares during the last quarter. EQ Wealth Advisors LLC purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth approximately $42,000. Sound Income Strategies LLC increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 152.9% during the 4th quarter. Sound Income Strategies LLC now owns 478 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 289 shares during the last quarter. Finally, First Horizon Corp purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth approximately $47,000. Hedge funds and other institutional investors own 91.08% of the company’s stock.

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

Shares of EMB stock opened at $95.58 on Friday. The company has a 50 day moving average of $95.49 and a 200-day moving average of $96.07. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12-month low of $89.09 and a 12-month high of $97.80.

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

The business also recently declared a dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st will be paid a dividend of $0.4101 per share. The ex-dividend date is Friday, May 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.