United Capital Financial Advisors LLC Lowers Position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

United Capital Financial Advisors LLC lowered its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 1.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 129,800 shares of the exchange traded fund’s stock after selling 2,260 shares during the period. United Capital Financial Advisors LLC owned approximately 0.08% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $11,557,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. OLD Point Trust & Financial Services N A purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter worth $28,000. Cullen Frost Bankers Inc. lifted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 89.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 415 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 196 shares in the last quarter. First Financial Corp IN purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth about $40,000. MassMutual Private Wealth & Trust FSB increased its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 125.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 451 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 251 shares in the last quarter. Finally, Independence Bank of Kentucky purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at approximately $45,000. Institutional investors and hedge funds own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Up 0.3 %

EMB opened at $88.54 on Wednesday. The company has a 50 day moving average of $90.23 and a two-hundred day moving average of $90.67. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52-week low of $84.78 and a 52-week high of $93.97.

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

The business also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a $0.3999 dividend. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.39. This represents a $4.80 annualized dividend and a yield of 5.42%. The ex-dividend date was Tuesday, April 1st.

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

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.