Sumitomo Mitsui Trust Group Inc. Has $10.01 Million Holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Sumitomo Mitsui Trust Group Inc. reduced its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 38.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 105,156 shares of the exchange traded fund’s stock after selling 65,627 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.07% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $10,010,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EMB. First Horizon Corp acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 3rd quarter valued at about $47,000. Citizens & Northern Corp lifted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 0.5% during the 3rd quarter. Citizens & Northern Corp now owns 130,662 shares of the exchange traded fund’s stock worth $12,438,000 after purchasing an additional 701 shares during the last quarter. ORG Partners LLC lifted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.0% during the 3rd quarter. ORG Partners LLC now owns 10,635 shares of the exchange traded fund’s stock worth $1,018,000 after purchasing an additional 599 shares during the last quarter. Finley Financial LLC boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 4.5% in the 3rd quarter. Finley Financial LLC now owns 3,240 shares of the exchange traded fund’s stock valued at $308,000 after purchasing an additional 140 shares during the period. Finally, Foster & Motley Inc. grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 19.0% in the 3rd quarter. Foster & Motley Inc. now owns 95,306 shares of the exchange traded fund’s stock valued at $9,072,000 after buying an additional 15,225 shares in the last quarter. 91.08% of the stock is owned by institutional investors.

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

EMB opened at $96.21 on Friday. The stock has a fifty day moving average of $96.30 and a 200-day moving average of $94.99. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $84.78 and a fifty-two week high of $97.07.

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

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.3829 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Friday, December 19th. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.37.

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