Sumitomo Mitsui Trust Holdings Inc. Reduces Holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Sumitomo Mitsui Trust Holdings Inc. trimmed its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 1.8% in the 4th quarter, HoldingsChannel reports. The firm owned 517,572 shares of the exchange traded fund’s stock after selling 9,738 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $46,095,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sumitomo Life Insurance Co. lifted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 184.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 2,550,683 shares of the exchange traded fund’s stock worth $227,164,000 after purchasing an additional 1,654,771 shares during the period. Baystate Wealth Management LLC lifted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.9% in the 4th quarter. Baystate Wealth Management LLC now owns 4,916 shares of the exchange traded fund’s stock worth $438,000 after purchasing an additional 274 shares during the period. ORG Partners LLC lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1,574.4% during the 4th quarter. ORG Partners LLC now owns 7,451 shares of the exchange traded fund’s stock valued at $665,000 after acquiring an additional 7,006 shares during the period. Q3 Asset Management lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1,270.0% during the 4th quarter. Q3 Asset Management now owns 42,581 shares of the exchange traded fund’s stock valued at $3,766,000 after acquiring an additional 39,473 shares during the period. Finally, Tennessee Valley Asset Management Partners lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.3% during the 4th quarter. Tennessee Valley Asset Management Partners now owns 46,918 shares of the exchange traded fund’s stock valued at $4,179,000 after acquiring an additional 1,482 shares during the period. 91.08% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ EMB opened at $87.52 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $79.70 and a 1 year high of $90.08. The firm has a 50-day moving average of $88.42 and a 200 day moving average of $86.46.

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

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.3656 per share. The ex-dividend date was Monday, April 1st. This represents a $4.39 dividend on an annualized basis and a yield of 5.01%.

iShares J.P. Morgan USD Emerging Markets Bond ETF Company 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.