iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Shares Sold by Summit Financial LLC

Summit Financial LLC reduced its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 17.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,213 shares of the exchange traded fund’s stock after selling 2,733 shares during the quarter. Summit Financial LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $1,180,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 162.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 236,725 shares of the exchange traded fund’s stock valued at $21,078,000 after purchasing an additional 146,430 shares during the period. IHT Wealth Management LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 53.0% during the 3rd quarter. IHT Wealth Management LLC now owns 18,597 shares of the exchange traded fund’s stock worth $1,740,000 after buying an additional 6,445 shares during the period. Retirement Investment Advisors Inc. lifted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.6% in the 3rd quarter. Retirement Investment Advisors Inc. now owns 231,274 shares of the exchange traded fund’s stock worth $21,643,000 after buying an additional 12,353 shares in the last quarter. ORG Partners LLC boosted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 17.6% in the 4th quarter. ORG Partners LLC now owns 9,365 shares of the exchange traded fund’s stock valued at $835,000 after buying an additional 1,400 shares during the last quarter. Finally, Continuum Advisory LLC grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.2% during the third quarter. Continuum Advisory LLC now owns 10,029 shares of the exchange traded fund’s stock valued at $908,000 after acquiring an additional 492 shares in the last quarter. 91.08% of the stock is owned by institutional investors and hedge funds.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Down 0.1 %

Shares of NASDAQ EMB opened at $90.48 on Wednesday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $86.40 and a 1 year high of $93.97. The stock’s 50-day simple moving average is $90.81 and its 200-day simple moving average is $91.08.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st will be given a $0.3999 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 5.30%. This is a positive change from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.39. The ex-dividend date of this dividend is Tuesday, April 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.