Bank of New York Mellon Corp Purchases 133,403 Shares of iShares J.P. Morgan EM Local Currency Bond ETF $LEMB

Bank of New York Mellon Corp increased its position in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) by 20.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 788,747 shares of the company’s stock after purchasing an additional 133,403 shares during the quarter. Bank of New York Mellon Corp owned approximately 4.53% of iShares J.P. Morgan EM Local Currency Bond ETF worth $32,181,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Keystone Global Partners LLC bought a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF during the 1st quarter valued at $957,000. Vicus Capital grew its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 26.5% in the 1st quarter. Vicus Capital now owns 33,324 shares of the company’s stock worth $1,360,000 after buying an additional 6,980 shares during the period. Lam Group Inc. increased its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 9.1% in the 1st quarter. Lam Group Inc. now owns 133,280 shares of the company’s stock worth $5,438,000 after acquiring an additional 11,110 shares in the last quarter. Foster & Motley Inc. increased its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 14.9% in the 1st quarter. Foster & Motley Inc. now owns 255,579 shares of the company’s stock worth $10,428,000 after acquiring an additional 33,111 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 22.1% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 81,195 shares of the company’s stock worth $3,384,000 after acquiring an additional 14,723 shares in the last quarter.

iShares J.P. Morgan EM Local Currency Bond ETF Price Performance

Shares of NYSEARCA LEMB opened at $42.10 on Monday. iShares J.P. Morgan EM Local Currency Bond ETF has a 1 year low of $39.82 and a 1 year high of $43.12. The firm has a 50-day moving average of $42.19 and a 200 day moving average of $42.02.

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.