J.Safra Asset Management Corp Grows Holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

J.Safra Asset Management Corp increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 10.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 123,043 shares of the exchange traded fund’s stock after purchasing an additional 11,748 shares during the quarter. iShares J.P. Morgan USD Emerging Markets Bond ETF makes up about 0.6% of J.Safra Asset Management Corp’s holdings, making the stock its 23rd biggest position. J.Safra Asset Management Corp owned approximately 0.07% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $11,847,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cary Street Partners Financial LLC purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at about $34,000. EQ Wealth Advisors LLC purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at about $42,000. Sound Income Strategies LLC boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 152.9% in the fourth quarter. Sound Income Strategies LLC now owns 478 shares of the exchange traded fund’s stock valued at $46,000 after acquiring an additional 289 shares during the last quarter. Olistico Wealth LLC purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at about $55,000. Finally, Rossby Financial LCC lifted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 45.3% during the 3rd quarter. Rossby Financial LCC now owns 757 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 236 shares in the last quarter. 91.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Performance

Shares of EMB stock opened at $95.35 on Thursday. The firm’s 50 day moving average is $95.52 and its 200 day moving average is $95.97. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12 month low of $90.81 and a 12 month high of $97.80.

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

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.407 per share. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Monday, June 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. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.