Country Trust Bank Reduces Stock Position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Country Trust Bank trimmed its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 0.9% in the 4th quarter, Holdings Channel reports. The firm owned 308,007 shares of the exchange traded fund’s stock after selling 2,815 shares during the period. Country Trust Bank’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $27,425,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 280.2% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 3,827,913 shares of the exchange traded fund’s stock valued at $358,216,000 after purchasing an additional 2,821,148 shares during the last quarter. BNP Paribas Financial Markets grew its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 77.2% during the third quarter. BNP Paribas Financial Markets now owns 2,385,974 shares of the exchange traded fund’s stock valued at $223,279,000 after buying an additional 1,039,195 shares during the period. Flow Traders U.S. LLC purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter valued at approximately $54,052,000. Strategic Wealth Investment Group LLC bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter worth approximately $5,588,000. Finally, BNP Paribas boosted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 98.1% during the 3rd quarter. BNP Paribas now owns 111,308 shares of the exchange traded fund’s stock worth $10,416,000 after acquiring an additional 55,115 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 Performance

NASDAQ:EMB opened at $90.86 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a one year low of $86.40 and a one year high of $93.97. The business has a fifty day moving average price of $90.39 and a 200-day moving average price of $91.11.

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

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