Barings LLC Sells 43,500 Shares of Global X Emerging Markets Bond ETF $EMBD

Barings LLC lessened its holdings in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) by 6.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 607,700 shares of the company’s stock after selling 43,500 shares during the quarter. Barings LLC owned 5.65% of Global X Emerging Markets Bond ETF worth $14,086,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. bought a new position in Global X Emerging Markets Bond ETF during the third quarter worth about $39,000. Geneos Wealth Management Inc. acquired a new stake in Global X Emerging Markets Bond ETF in the 1st quarter valued at $83,000. CWM LLC grew its position in Global X Emerging Markets Bond ETF by 300.3% in the fourth quarter. CWM LLC now owns 7,845 shares of the company’s stock valued at $188,000 after acquiring an additional 5,885 shares during the period. Raymond James Financial Inc. bought a new stake in Global X Emerging Markets Bond ETF in the second quarter valued at $308,000. Finally, Private Advisor Group LLC acquired a new position in Global X Emerging Markets Bond ETF during the first quarter worth $385,000.

Global X Emerging Markets Bond ETF Price Performance

Shares of NYSEARCA EMBD opened at $23.75 on Friday. Global X Emerging Markets Bond ETF has a 52-week low of $23.02 and a 52-week high of $25.12. The business has a fifty day moving average of $23.80 and a two-hundred day moving average of $23.85.

Global X Emerging Markets Bond ETF Company Profile

The Global X Emerging Markets Bond ETF (EMBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in broad emerging market bonds with any maturity. EMBD was launched on Jun 1, 2020 and is managed by Global X.