Mitsubishi UFJ Asset Management Co. Ltd. Increases Stake in Global X Emerging Markets Bond ETF $EMBD

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) by 315.5% in the third quarter, Holdings Channel reports. The firm owned 214,817 shares of the company’s stock after purchasing an additional 163,122 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Global X Emerging Markets Bond ETF were worth $5,110,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. CWM LLC raised its holdings in shares of Global X Emerging Markets Bond ETF by 351.6% in the third quarter. CWM LLC now owns 1,960 shares of the company’s stock worth $47,000 after buying an additional 1,526 shares during the last quarter. Private Trust Co. NA acquired a new position in shares of Global X Emerging Markets Bond ETF in the 3rd quarter valued at $123,000. Raymond James Financial Inc. purchased a new position in Global X Emerging Markets Bond ETF in the 2nd quarter worth $308,000. Greenwood Capital Associates LLC lifted its position in Global X Emerging Markets Bond ETF by 61.0% during the 3rd quarter. Greenwood Capital Associates LLC now owns 13,998 shares of the company’s stock worth $333,000 after acquiring an additional 5,304 shares during the period. Finally, 1620 Investment Advisors Inc. lifted its position in Global X Emerging Markets Bond ETF by 12.3% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 16,593 shares of the company’s stock worth $395,000 after acquiring an additional 1,819 shares during the period.

Global X Emerging Markets Bond ETF Price Performance

Shares of EMBD stock opened at $23.99 on Tuesday. The stock’s 50-day simple moving average is $24.08 and its 200-day simple moving average is $23.93. Global X Emerging Markets Bond ETF has a fifty-two week low of $21.62 and a fifty-two week high of $25.12.

Global X Emerging Markets Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be issued a $0.115 dividend. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Monday, March 2nd.

Global X Emerging Markets Bond ETF Company Profile

The Global X Emerging Markets Bond ETF (EMBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in broad emerging market bonds with any maturity. EMBD was launched on Jun 1, 2020 and is managed by Global X.