Strategic Investment Advisors MI Sells 88,887 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Strategic Investment Advisors MI cut its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 93.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,217 shares of the exchange traded fund’s stock after selling 88,887 shares during the quarter. Strategic Investment Advisors MI’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $575,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EMB. Cary Street Partners Financial LLC bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter worth $34,000. Ameriflex Group Inc. increased its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 38.7% in the fourth quarter. Ameriflex Group Inc. now owns 369 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 103 shares during the last quarter. EQ Wealth Advisors LLC acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at $42,000. Sound Income Strategies LLC raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 152.9% in the fourth quarter. Sound Income Strategies LLC now owns 478 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 289 shares during the period. Finally, First United Bank & Trust raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 82.4% in the fourth quarter. First United Bank & Trust now owns 757 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 342 shares during the period. 91.08% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ EMB opened at $94.79 on Friday. The firm has a 50-day moving average of $95.85 and a 200-day moving average of $95.85. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52-week low of $92.54 and a 52-week high of $97.80.

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

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.3997 per share. The ex-dividend date was Wednesday, July 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.