Summit Financial LLC Has $2.91 Million Position in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Summit Financial LLC boosted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 143.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,109 shares of the exchange traded fund’s stock after buying an additional 18,896 shares during the period. Summit Financial LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $2,909,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of EMB. Golden State Wealth Management LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 140.7% in the first quarter. Golden State Wealth Management LLC now owns 325 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 190 shares in the last quarter. Private Trust Co. NA increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 9.5% in the first quarter. Private Trust Co. NA now owns 2,794 shares of the exchange traded fund’s stock valued at $253,000 after purchasing an additional 242 shares in the last quarter. Fedenia Advisers LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.1% in the first quarter. Fedenia Advisers LLC now owns 8,238 shares of the exchange traded fund’s stock valued at $746,000 after purchasing an additional 251 shares in the last quarter. Hexagon Capital Partners LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.9% in the first quarter. Hexagon Capital Partners LLC now owns 14,039 shares of the exchange traded fund’s stock valued at $1,272,000 after purchasing an additional 260 shares in the last quarter. Finally, Kickstand Ventures LLC. increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 7.2% in the first quarter. Kickstand Ventures LLC. now owns 3,945 shares of the exchange traded fund’s stock valued at $357,000 after purchasing an additional 266 shares in 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 Stock Down 0.3%

Shares of NASDAQ:EMB opened at $93.53 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52 week low of $84.78 and a 52 week high of $94.18. The company has a 50 day moving average price of $92.47 and a two-hundred day moving average price of $90.95.

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

The company also recently announced a monthly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Friday, August 1st were paid a $0.411 dividend. The ex-dividend date of this dividend was Friday, August 1st. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.38. This represents a c) annualized dividend and a yield of 5.3%.

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.