Sumitomo Mitsui Trust Group Inc. Lowers Position in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 37.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 170,783 shares of the exchange traded fund’s stock after selling 100,133 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.12% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $15,818,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EMB. JPMorgan Chase & Co. increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 44.5% during the first quarter. JPMorgan Chase & Co. now owns 6,520,797 shares of the exchange traded fund’s stock valued at $590,719,000 after acquiring an additional 2,009,412 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 89.4% during the first quarter. BNP Paribas Financial Markets now owns 3,111,230 shares of the exchange traded fund’s stock valued at $281,846,000 after acquiring an additional 1,468,781 shares during the last quarter. Venturi Wealth Management LLC increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 4,716.6% during the second quarter. Venturi Wealth Management LLC now owns 728,660 shares of the exchange traded fund’s stock valued at $67,489,000 after acquiring an additional 713,532 shares during the last quarter. Nationwide Fund Advisors purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter valued at approximately $20,206,000. Finally, Bank of New York Mellon Corp increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 19.7% during the first quarter. Bank of New York Mellon Corp now owns 1,315,715 shares of the exchange traded fund’s stock valued at $119,191,000 after acquiring an additional 216,159 shares during the last quarter. 91.08% of the stock is owned by hedge funds and other institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Down 0.4%

Shares of EMB opened at $96.60 on Thursday. The stock has a 50 day moving average of $95.13 and a 200 day moving average of $92.61. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12 month low of $84.78 and a 12 month high of $97.07.

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

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.3925 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.