iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Shares Sold by Formidable Asset Management LLC

Formidable Asset Management LLC trimmed its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 10.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,465 shares of the exchange traded fund’s stock after selling 300 shares during the period. Formidable Asset Management LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $271,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Robertson Stephens Wealth Management LLC lifted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 16.7% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 265,770 shares of the exchange traded fund’s stock valued at $29,250,000 after acquiring an additional 38,022 shares during the period. Coastline Trust Co increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.0% during the 3rd quarter. Coastline Trust Co now owns 4,514 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 215 shares in the last quarter. Private Ocean LLC increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 21.1% during the 3rd quarter. Private Ocean LLC now owns 2,586 shares of the exchange traded fund’s stock worth $285,000 after purchasing an additional 450 shares in the last quarter. Keebeck Alpha LP increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 47.4% during the 3rd quarter. Keebeck Alpha LP now owns 6,826 shares of the exchange traded fund’s stock worth $751,000 after purchasing an additional 2,194 shares in the last quarter. Finally, Inscription Capital LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth approximately $2,689,000.

Shares of EMB opened at $104.93 on Friday. The firm has a 50 day simple moving average of $108.45 and a 200-day simple moving average of $110.48. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $104.88 and a 1-year high of $114.46.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 22nd. Stockholders of record on Friday, December 17th were paid a dividend of $0.368 per share. This represents a $4.42 dividend on an annualized basis and a dividend yield of 4.21%. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Thursday, December 16th.

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.

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Institutional Ownership by Quarter for iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

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