Red Tortoise LLC Sells 338 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Red Tortoise LLC cut its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 11.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,658 shares of the exchange traded fund’s stock after selling 338 shares during the period. Red Tortoise LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $237,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sumitomo Life Insurance Co. lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 184.7% during the 4th quarter. Sumitomo Life Insurance Co. now owns 2,550,683 shares of the exchange traded fund’s stock worth $227,164,000 after buying an additional 1,654,771 shares in the last quarter. Baystate Wealth Management LLC raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.9% in the 4th quarter. Baystate Wealth Management LLC now owns 4,916 shares of the exchange traded fund’s stock valued at $438,000 after purchasing an additional 274 shares during the period. ORG Partners LLC raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1,574.4% in the 4th quarter. ORG Partners LLC now owns 7,451 shares of the exchange traded fund’s stock valued at $665,000 after purchasing an additional 7,006 shares during the period. Q3 Asset Management raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1,270.0% in the 4th quarter. Q3 Asset Management now owns 42,581 shares of the exchange traded fund’s stock valued at $3,766,000 after purchasing an additional 39,473 shares during the period. Finally, Tennessee Valley Asset Management Partners raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.3% in the 4th quarter. Tennessee Valley Asset Management Partners now owns 46,918 shares of the exchange traded fund’s stock valued at $4,179,000 after purchasing an additional 1,482 shares during the period. 91.08% of the stock is owned by institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Up 0.8 %

Shares of EMB stock traded up $0.68 on Wednesday, reaching $87.34. The stock had a trading volume of 7,853,533 shares, compared to its average volume of 6,916,280. The firm’s 50-day moving average is $88.43 and its two-hundred day moving average is $86.41. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12 month low of $79.70 and a 12 month high of $90.08.

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

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.3656 dividend. The ex-dividend date was Monday, April 1st. This represents a $4.39 dividend on an annualized basis and a dividend yield of 5.02%.

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

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.