iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB Shares Purchased by Foster & Motley Inc.

Foster & Motley Inc. increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 7.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 105,482 shares of the exchange traded fund’s stock after buying an additional 7,294 shares during the period. Foster & Motley Inc. owned about 0.07% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $9,908,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EMB. Cary Street Partners Financial LLC purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth approximately $34,000. Ameriflex Group Inc. grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 38.7% in the 4th quarter. Ameriflex Group Inc. now owns 369 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 103 shares during the period. EQ Wealth Advisors LLC purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at approximately $42,000. Sound Income Strategies LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 152.9% in the 4th quarter. Sound Income Strategies LLC now owns 478 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 289 shares in the last quarter. Finally, Olistico Wealth LLC acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter worth $55,000. 91.08% of the stock is currently owned by institutional investors and hedge funds.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Down 0.0%

Shares of EMB stock opened at $96.56 on Friday. The stock has a fifty day moving average price of $95.91 and a 200 day moving average price of $95.97. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $91.22 and a 1 year high of $97.80.

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

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.407 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

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