Bank of New York Mellon Corp Acquires 133,403 Shares of iShares J.P. Morgan EM Local Currency Bond ETF $LEMB

Bank of New York Mellon Corp increased its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) by 20.4% during the first quarter, HoldingsChannel reports. The firm owned 788,747 shares of the company’s stock after buying an additional 133,403 shares during the period. Bank of New York Mellon Corp’s holdings in iShares J.P. Morgan EM Local Currency Bond ETF were worth $32,181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of LEMB. Vicus Capital raised its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 152.3% during the fourth quarter. Vicus Capital now owns 26,344 shares of the company’s stock valued at $1,095,000 after purchasing an additional 15,901 shares during the last quarter. Foster & Motley Inc. boosted its holdings in iShares J.P. Morgan EM Local Currency Bond ETF by 14.9% in the first quarter. Foster & Motley Inc. now owns 255,579 shares of the company’s stock worth $10,428,000 after purchasing an additional 33,111 shares during the last quarter. Keystone Global Partners LLC purchased a new stake in iShares J.P. Morgan EM Local Currency Bond ETF in the first quarter worth approximately $957,000. Lam Group Inc. grew its position in iShares J.P. Morgan EM Local Currency Bond ETF by 20.1% in the 4th quarter. Lam Group Inc. now owns 122,170 shares of the company’s stock worth $5,079,000 after purchasing an additional 20,455 shares during the period. Finally, Blue Edge Capital LLC grew its position in iShares J.P. Morgan EM Local Currency Bond ETF by 2.4% in the 2nd quarter. Blue Edge Capital LLC now owns 73,929 shares of the company’s stock worth $2,986,000 after purchasing an additional 1,730 shares during the period.

iShares J.P. Morgan EM Local Currency Bond ETF Stock Performance

Shares of LEMB opened at $42.10 on Monday. The firm has a fifty day simple moving average of $42.19 and a two-hundred day simple moving average of $42.02. iShares J.P. Morgan EM Local Currency Bond ETF has a 1-year low of $39.82 and a 1-year high of $43.12.

About iShares J.P. Morgan EM Local Currency Bond ETF

The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted index of sovereign debt denominated in issuers’ local currencies, with limits on country exposure. LEMB was launched on Oct 18, 2011 and is managed by BlackRock.