iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Shares Sold by Vicus Capital

Vicus Capital reduced its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 16.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 16,672 shares of the exchange traded fund’s stock after selling 3,263 shares during the period. Vicus Capital’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $1,510,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Harbor Capital Advisors Inc. lifted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 140.8% in the first quarter. Harbor Capital Advisors Inc. now owns 973 shares of the exchange traded fund’s stock valued at $88,000 after acquiring an additional 569 shares during the last quarter. Parallel Advisors LLC raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.6% in the fourth quarter. Parallel Advisors LLC now owns 43,431 shares of the exchange traded fund’s stock valued at $3,867,000 after purchasing an additional 2,296 shares during the period. BankPlus Trust Department acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at $209,000. First Command Advisory Services Inc. grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 13.0% during the 4th quarter. First Command Advisory Services Inc. now owns 96,992 shares of the exchange traded fund’s stock worth $8,661,000 after purchasing an additional 11,188 shares during the period. Finally, Wintrust Investments LLC increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 92.1% during the 4th quarter. Wintrust Investments LLC now owns 534 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 256 shares during the last quarter. 91.08% of the stock is owned by institutional investors and hedge funds.

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

Shares of EMB opened at $91.01 on Tuesday. The company’s 50-day moving average price is $89.82 and its 200 day moving average price is $90.18. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12-month low of $84.78 and a 12-month 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 Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.4054 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.40. This represents a $4.86 dividend on an annualized basis and a dividend yield of 5.35%.

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.