Merit Financial Group LLC Trims Stock Position in SPDR Bloomberg Emerging Markets USD Bond ETF $EMHC

Merit Financial Group LLC lessened its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) by 59.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,434 shares of the company’s stock after selling 21,479 shares during the period. Merit Financial Group LLC’s holdings in SPDR Bloomberg Emerging Markets USD Bond ETF were worth $367,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 17.2% in the third quarter. Envestnet Asset Management Inc. now owns 560,232 shares of the company’s stock valued at $14,114,000 after purchasing an additional 82,362 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 13.7% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 519,243 shares of the company’s stock valued at $13,081,000 after purchasing an additional 62,418 shares in the last quarter. Austin Private Wealth LLC lifted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 9.6% during the fourth quarter. Austin Private Wealth LLC now owns 332,887 shares of the company’s stock valued at $8,475,000 after buying an additional 29,162 shares during the period. Aspire Private Capital LLC lifted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 1.4% during the fourth quarter. Aspire Private Capital LLC now owns 219,229 shares of the company’s stock valued at $5,582,000 after buying an additional 3,049 shares during the period. Finally, Park Avenue Securities LLC lifted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 10.4% during the fourth quarter. Park Avenue Securities LLC now owns 136,051 shares of the company’s stock valued at $3,464,000 after buying an additional 12,855 shares during the period.

SPDR Bloomberg Emerging Markets USD Bond ETF Price Performance

Shares of EMHC opened at $25.29 on Wednesday. The company’s 50 day simple moving average is $25.23 and its 200 day simple moving average is $25.42. SPDR Bloomberg Emerging Markets USD Bond ETF has a 1 year low of $23.76 and a 1 year high of $25.86.

SPDR Bloomberg Emerging Markets USD Bond ETF Profile

The SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) is an exchange-traded fund that is based on the Bloomberg Emerging USD Bond Core index. The fund tracks a broad market-value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. EMHC was launched on Apr 6, 2021 and is managed by State Street.