Bank of New York Mellon Corp Has $163.96 Million Stake in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Bank of New York Mellon Corp grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 4.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,745,556 shares of the exchange traded fund’s stock after purchasing an additional 81,618 shares during the period. Bank of New York Mellon Corp owned about 1.15% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $163,960,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter valued at approximately $650,474,000. Polianta Ltd bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter worth $223,947,000. Nationwide Fund Advisors raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 883.0% in the 4th quarter. Nationwide Fund Advisors now owns 2,077,835 shares of the exchange traded fund’s stock valued at $200,054,000 after buying an additional 1,866,453 shares during the last quarter. Payden & Rygel purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at $96,566,000. Finally, TIAA Trust National Association lifted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 66.2% during the 4th quarter. TIAA Trust National Association now owns 2,269,776 shares of the exchange traded fund’s stock valued at $218,534,000 after acquiring an additional 904,419 shares in 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 Performance

Shares of NASDAQ:EMB opened at $95.53 on Friday. The stock’s fifty day simple moving average is $95.88 and its two-hundred day simple moving average is $95.94. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $91.86 and a 1-year high of $97.80.

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

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.3997 dividend. The ex-dividend date was Wednesday, July 1st.

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. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.