Dorsey & Whitney Trust CO LLC Lowers Stock Holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Dorsey & Whitney Trust CO LLC reduced its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 41.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,616 shares of the exchange traded fund’s stock after selling 4,773 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $589,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in EMB. BNP Paribas Financial Markets grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 77.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,385,974 shares of the exchange traded fund’s stock worth $223,279,000 after acquiring an additional 1,039,195 shares in the last quarter. Flow Traders U.S. LLC bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 3rd quarter worth about $54,052,000. Sumitomo Mitsui Trust Group Inc. grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 162.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 236,725 shares of the exchange traded fund’s stock worth $21,078,000 after acquiring an additional 146,430 shares in the last quarter. Strategic Wealth Investment Group LLC bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter worth about $5,588,000. Finally, BNP Paribas boosted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 98.1% during the third quarter. BNP Paribas now owns 111,308 shares of the exchange traded fund’s stock valued at $10,416,000 after purchasing an additional 55,115 shares in the last quarter. 91.08% of the stock is currently owned by institutional investors.

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

NASDAQ EMB opened at $90.99 on Monday. The firm’s 50 day moving average price is $90.33 and its 200-day moving average price is $91.24. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52-week low of $86.40 and a 52-week high of $93.97.

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

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.3856 per share. The ex-dividend date of this dividend was Monday, March 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.