Venturi Wealth Management LLC Sells 714,374 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Venturi Wealth Management LLC reduced its position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 98.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,286 shares of the exchange traded fund’s stock after selling 714,374 shares during the quarter. Venturi Wealth Management LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $1,360,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EMB. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter valued at $42,000. Corsicana & Co. bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 3rd quarter valued at $47,000. American National Bank & Trust increased its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 330.7% in the third quarter. American National Bank & Trust now owns 590 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 453 shares during the period. Private Wealth Asset Management LLC grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 2,481.8% during the 2nd quarter. Private Wealth Asset Management LLC now owns 1,420 shares of the exchange traded fund’s stock worth $132,000 after buying an additional 1,365 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 2nd quarter worth $204,000. Institutional investors own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Down 0.2%

NASDAQ EMB opened at $96.01 on Friday. The stock has a 50-day simple moving average of $96.26 and a 200 day simple moving average of $94.79. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12 month low of $84.78 and a 12 month high of $97.07.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.3829 dividend. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.37.

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.