Richardson Financial Services Inc. Cuts Position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Richardson Financial Services Inc. lowered its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 5.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,626 shares of the exchange traded fund’s stock after selling 483 shares during the period. Richardson Financial Services Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $763,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EMB. Bessemer Group Inc. grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 16.1% in the first quarter. Bessemer Group Inc. now owns 2,033,197 shares of the exchange traded fund’s stock valued at $182,317,000 after purchasing an additional 281,339 shares during the last quarter. TIAA Trust National Association grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.4% in the 2nd quarter. TIAA Trust National Association now owns 1,268,093 shares of the exchange traded fund’s stock valued at $112,201,000 after acquiring an additional 17,401 shares during the last quarter. Brevan Howard Capital Management LP grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 167.4% in the 4th quarter. Brevan Howard Capital Management LP now owns 1,244,000 shares of the exchange traded fund’s stock valued at $110,791,000 after acquiring an additional 3,089,000 shares during the last quarter. Sumitomo Life Insurance Co. increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 28.6% during the 2nd quarter. Sumitomo Life Insurance Co. now owns 1,006,765 shares of the exchange traded fund’s stock valued at $89,079,000 after acquiring an additional 223,760 shares in the last quarter. Finally, Country Trust Bank raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 0.4% during the second quarter. Country Trust Bank now owns 310,895 shares of the exchange traded fund’s stock worth $27,508,000 after acquiring an additional 1,317 shares during the last quarter. 91.08% of the stock is currently owned by institutional investors and hedge funds.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Down 0.3 %

EMB stock opened at $93.33 on Thursday. The company’s 50 day simple moving average is $91.11 and its 200-day simple moving average is $89.60. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12 month low of $79.70 and a 12 month high of $93.97.

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

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.3682 dividend. The ex-dividend date was Tuesday, September 3rd.

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.