First Merchants Corp Reduces Stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

First Merchants Corp cut its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 83.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,116 shares of the exchange traded fund’s stock after selling 26,745 shares during the period. First Merchants Corp’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $463,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of EMB. GAMMA Investing LLC lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 12,361.2% during the first quarter. GAMMA Investing LLC now owns 4,175,112 shares of the exchange traded fund’s stock valued at $378,223,000 after purchasing an additional 4,141,607 shares in the last quarter. OLD Mission Capital LLC lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 121.1% during the fourth quarter. OLD Mission Capital LLC now owns 514,298 shares of the exchange traded fund’s stock valued at $45,793,000 after purchasing an additional 281,733 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter valued at $23,971,000. Janney Montgomery Scott LLC lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 38.6% during the first quarter. Janney Montgomery Scott LLC now owns 266,782 shares of the exchange traded fund’s stock valued at $24,168,000 after purchasing an additional 74,335 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 754.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 19,769 shares of the exchange traded fund’s stock valued at $1,760,000 after purchasing an additional 17,454 shares in the last quarter. 91.08% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ EMB opened at $92.10 on Friday. The business’s fifty day moving average is $90.39 and its 200 day moving average is $90.18. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $84.78 and a fifty-two week high of $93.97.

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

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a dividend of $0.4054 per share. The ex-dividend date was Monday, June 2nd. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.40. This represents a $4.86 annualized dividend and a yield of 5.28%.

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.