Pinnacle Wealth Planning Services Inc. Sells 268 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Pinnacle Wealth Planning Services Inc. reduced its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 6.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,613 shares of the exchange traded fund’s stock after selling 268 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 43.7% in the third quarter. Harbor Capital Advisors Inc. now owns 385 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 117 shares during the period. Cullen Frost Bankers Inc. raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 89.5% in the fourth quarter. Cullen Frost Bankers Inc. now owns 415 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 196 shares during the period. First Financial Corp IN bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at about $40,000. MassMutual Private Wealth & Trust FSB raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 125.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 451 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 251 shares during the period. Finally, Independence Bank of Kentucky bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at about $45,000. 91.08% of the stock is owned by institutional investors.

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

Shares of EMB opened at $90.99 on Friday. The company’s 50-day moving average is $90.33 and its 200-day moving average is $91.25. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $86.40 and a fifty-two week high of $93.97.

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

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.3856 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.