Sumitomo Mitsui Trust Group Inc. Sells 65,627 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Sumitomo Mitsui Trust Group Inc. lowered its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 38.4% during the third quarter, Holdings Channel reports. The firm owned 105,156 shares of the exchange traded fund’s stock after selling 65,627 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $10,010,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Capital Advisors Inc. grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 133.7% during the second quarter. Harbor Capital Advisors Inc. now owns 2,274 shares of the exchange traded fund’s stock worth $211,000 after buying an additional 1,301 shares in the last quarter. TD Private Client Wealth LLC raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 211,000.0% during the second quarter. TD Private Client Wealth LLC now owns 6,333 shares of the exchange traded fund’s stock valued at $587,000 after purchasing an additional 6,330 shares in the last quarter. ORG Partners LLC lifted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 19.2% during the second quarter. ORG Partners LLC now owns 10,036 shares of the exchange traded fund’s stock worth $929,000 after purchasing an additional 1,614 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 275,004 shares of the exchange traded fund’s stock valued at $25,471,000 after purchasing an additional 8,222 shares in the last quarter. Finally, Vicus Capital boosted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.4% in the 2nd quarter. Vicus Capital now owns 16,900 shares of the exchange traded fund’s stock valued at $1,565,000 after purchasing an additional 228 shares in the last quarter. Institutional investors and hedge funds own 91.08% of the company’s stock.

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

Shares of EMB stock opened at $96.21 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a twelve month low of $84.78 and a twelve month high of $97.07. The business has a fifty day simple moving average of $96.30 and a 200 day simple moving average of $94.99.

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

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.3829 per share. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.37. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.8%.

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. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.