Citizens & Northern Corp Makes New $12.58 Million Investment in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Citizens & Northern Corp acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 138,530 shares of the exchange traded fund’s stock, valued at approximately $12,584,000. iShares J.P. Morgan USD Emerging Markets Bond ETF makes up 2.8% of Citizens & Northern Corp’s portfolio, making the stock its 11th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bessemer Group Inc. increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.9% in the 1st quarter. Bessemer Group Inc. now owns 2,183,616 shares of the exchange traded fund’s stock worth $205,107,000 after purchasing an additional 122,317 shares in the last quarter. Nationwide Fund Advisors acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter valued at about $193,097,000. Bank of New York Mellon Corp grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 4.9% during the first quarter. Bank of New York Mellon Corp now owns 1,745,556 shares of the exchange traded fund’s stock worth $163,960,000 after purchasing an additional 81,618 shares during the last quarter. First Command Advisory Services Inc. bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter worth about $32,672,000. Finally, Stairway Partners LLC grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 9.2% during the second quarter. Stairway Partners LLC now owns 264,121 shares of the exchange traded fund’s stock worth $25,472,000 after purchasing an additional 22,280 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 Down 0.8%

iShares J.P. Morgan USD Emerging Markets Bond ETF stock opened at $91.34 on Friday. The business has a 50 day moving average of $92.09 and a 200-day moving average of $94.77. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $89.69 and a 1 year high of $97.80.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a dividend of $0.4037 per share. This represents a $4.84 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Monday, November 2nd. This is a negative change from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.4436.

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.