Sumitomo Life Insurance Co. Raises Stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Sumitomo Life Insurance Co. lifted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 280.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,827,913 shares of the exchange traded fund’s stock after acquiring an additional 2,821,148 shares during the quarter. iShares J.P. Morgan USD Emerging Markets Bond ETF makes up approximately 7.0% of Sumitomo Life Insurance Co.’s holdings, making the stock its 4th biggest position. Sumitomo Life Insurance Co. owned about 2.23% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $358,216,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tsfg LLC increased its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.7% in the third quarter. Tsfg LLC now owns 7,128 shares of the exchange traded fund’s stock worth $667,000 after purchasing an additional 382 shares during the last quarter. Future Financial Wealth Managment LLC grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.8% in the third quarter. Future Financial Wealth Managment LLC now owns 14,355 shares of the exchange traded fund’s stock worth $1,343,000 after purchasing an additional 789 shares during the last quarter. Versant Capital Management Inc boosted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.6% during the 3rd quarter. Versant Capital Management Inc now owns 32,478 shares of the exchange traded fund’s stock valued at $3,039,000 after acquiring an additional 525 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 112.1% in the 3rd quarter. GAMMA Investing LLC now owns 26,014 shares of the exchange traded fund’s stock valued at $2,434,000 after acquiring an additional 13,751 shares during the period. Finally, RiverFront Investment Group LLC bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter worth $301,000. Institutional investors own 91.08% of the company’s stock.

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

Shares of NASDAQ EMB traded up $0.18 during mid-day trading on Wednesday, reaching $92.68. 443,882 shares of the company were exchanged, compared to its average volume of 6,014,583. The firm has a 50-day moving average of $92.27 and a 200 day moving average of $90.11. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $79.70 and a 1 year high of $93.97.

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

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.3682 per share. The ex-dividend date was Tuesday, September 3rd.

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.