SG Americas Securities LLC Sells 122,937 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

SG Americas Securities LLC trimmed its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 19.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 493,493 shares of the exchange traded fund’s stock after selling 122,937 shares during the quarter. SG Americas Securities LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $47,514,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 34.1% during the third quarter. JPMorgan Chase & Co. now owns 11,400,265 shares of the exchange traded fund’s stock worth $1,085,191,000 after acquiring an additional 2,899,399 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.1% in the second quarter. BNP Paribas Financial Markets now owns 3,144,433 shares of the exchange traded fund’s stock valued at $291,237,000 after purchasing an additional 33,203 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,370,578 shares of the exchange traded fund’s stock valued at $130,465,000 after purchasing an additional 41,366 shares during the period. TIAA Trust National Association raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.2% during the 3rd quarter. TIAA Trust National Association now owns 1,365,357 shares of the exchange traded fund’s stock valued at $129,968,000 after purchasing an additional 16,341 shares during the period. Finally, Sumitomo Life Insurance Co. purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth about $123,331,000. Institutional investors own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Performance

Shares of NASDAQ EMB opened at $93.58 on Wednesday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52 week low of $84.78 and a 52 week high of $97.80. The business has a 50-day simple moving average of $96.33 and a two-hundred day simple moving average of $96.08.

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

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.403 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.