First Merchants Corp Decreases Position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

First Merchants Corp decreased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 8.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,861 shares of the exchange traded fund’s stock after selling 2,847 shares during the quarter. First Merchants Corp’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $2,837,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in EMB. Sumitomo Mitsui Trust Group Inc. increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 162.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 236,725 shares of the exchange traded fund’s stock worth $21,078,000 after buying an additional 146,430 shares in the last quarter. Vicus Capital boosted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.8% during the 3rd quarter. Vicus Capital now owns 41,332 shares of the exchange traded fund’s stock valued at $3,868,000 after acquiring an additional 2,642 shares during the last quarter. Retirement Investment Advisors Inc. grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.6% in the third quarter. Retirement Investment Advisors Inc. now owns 231,274 shares of the exchange traded fund’s stock worth $21,643,000 after acquiring an additional 12,353 shares during the period. IHT Wealth Management LLC raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 53.0% during the third quarter. IHT Wealth Management LLC now owns 18,597 shares of the exchange traded fund’s stock valued at $1,740,000 after purchasing an additional 6,445 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter valued at approximately $54,052,000. Institutional investors 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 $90.71 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12-month low of $86.40 and a 12-month high of $93.97. The firm’s 50 day moving average is $90.18 and its 200 day moving average is $91.18.

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

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.4409 dividend. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, February 3rd.

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.