iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB is Sumitomo Life Insurance Co.’s 3rd Largest Position

Sumitomo Life Insurance Co. grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 17.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,517,978 shares of the exchange traded fund’s stock after purchasing an additional 222,344 shares during the period. iShares J.P. Morgan USD Emerging Markets Bond ETF comprises about 4.0% of Sumitomo Life Insurance Co.’s holdings, making the stock its 3rd biggest holding. Sumitomo Life Insurance Co. owned 0.87% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $146,151,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of EMB. Mpwm Advisory Solutions LLC raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 2.4% during the third quarter. Mpwm Advisory Solutions LLC now owns 4,952 shares of the exchange traded fund’s stock valued at $471,000 after buying an additional 117 shares during the period. Bay Harbor Wealth Management LLC raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.0% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 17,346 shares of the exchange traded fund’s stock valued at $1,670,000 after buying an additional 175 shares during the period. 1620 Investment Advisors Inc. raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 4.0% during the fourth quarter. 1620 Investment Advisors Inc. now owns 4,553 shares of the exchange traded fund’s stock valued at $438,000 after buying an additional 175 shares during the period. Creative Financial Designs Inc. ADV raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,046 shares of the exchange traded fund’s stock valued at $293,000 after buying an additional 185 shares during the period. Finally, Kickstand Ventures LLC. raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.4% during the third quarter. Kickstand Ventures LLC. now owns 3,857 shares of the exchange traded fund’s stock valued at $367,000 after buying an additional 232 shares during the period. 91.08% of the stock is owned by hedge funds and other institutional investors.

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

NASDAQ:EMB opened at $96.36 on Friday. 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 business’s fifty day moving average price is $95.62 and its 200 day moving average price is $95.97.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.407 per share. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Monday, June 1st.

About iShares J.P. Morgan USD Emerging Markets Bond ETF

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.