Bank of New York Mellon Corp reduced its holdings in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB – Free Report) by 4.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 675,127 shares of the company’s stock after selling 33,191 shares during the quarter. Bank of New York Mellon Corp owned approximately 8.44% of iShares J.P. Morgan EM Local Currency Bond ETF worth $25,290,000 as of its most recent SEC filing.
Separately, City National Bank of Florida MSD purchased a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the fourth quarter valued at about $200,000.
iShares J.P. Morgan EM Local Currency Bond ETF Trading Up 0.5%
LEMB opened at $40.34 on Thursday. The firm has a 50-day moving average price of $39.58 and a 200-day moving average price of $38.07. iShares J.P. Morgan EM Local Currency Bond ETF has a twelve month low of $35.70 and a twelve month high of $40.63.
iShares J.P. Morgan EM Local Currency Bond ETF Company Profile
The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted index of sovereign debt denominated in issuers’ local currencies, with limits on country exposure. LEMB was launched on Oct 18, 2011 and is managed by BlackRock.
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