Sumitomo Mitsui Trust Group Inc. Sells 40,231 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 27.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 107,961 shares of the exchange traded fund’s stock after selling 40,231 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.07% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $10,141,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Ameriflex Group Inc. lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 38.7% during 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 in the last quarter. Mpwm Advisory Solutions LLC boosted its position in shares of 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 last quarter. Bay Harbor Wealth Management LLC increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.0% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 17,346 shares of the exchange traded fund’s stock worth $1,670,000 after buying an additional 175 shares in the last quarter. 1620 Investment Advisors Inc. increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 4.0% in the 4th quarter. 1620 Investment Advisors Inc. now owns 4,553 shares of the exchange traded fund’s stock worth $438,000 after buying an additional 175 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,046 shares of the exchange traded fund’s stock worth $293,000 after buying an additional 185 shares during the last quarter. Institutional investors own 91.08% of the company’s stock.

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

EMB opened at $95.57 on Wednesday. The company’s 50-day simple moving average is $95.91 and its two-hundred day simple moving average is $95.95. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52-week low of $91.22 and a 52-week high of $97.80.

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

The business 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 of this dividend was Wednesday, July 1st.

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