Independence Bank of Kentucky Invests $45,000 in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Independence Bank of Kentucky acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 500 shares of the exchange traded fund’s stock, valued at approximately $45,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Sumitomo Life Insurance Co. grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 280.2% in the third quarter. Sumitomo Life Insurance Co. now owns 3,827,913 shares of the exchange traded fund’s stock worth $358,216,000 after purchasing an additional 2,821,148 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 77.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,385,974 shares of the exchange traded fund’s stock worth $223,279,000 after acquiring an additional 1,039,195 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the third quarter valued at about $54,052,000. Retirement Investment Advisors Inc. raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.6% during the third quarter. Retirement Investment Advisors Inc. now owns 231,274 shares of the exchange traded fund’s stock valued at $21,643,000 after acquiring an additional 12,353 shares during the last quarter. Finally, Stairway Partners LLC boosted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.7% during the fourth quarter. Stairway Partners LLC now owns 228,951 shares of the exchange traded fund’s stock worth $20,386,000 after purchasing an additional 8,073 shares during the period. 91.08% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ EMB opened at $90.55 on Monday. The business’s 50-day moving average is $90.38 and its 200 day moving average is $91.12. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $86.40 and a 1 year high of $93.97.

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

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were given a $0.2545 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.