Motley Fool Wealth Management LLC Sells 33,096 Shares of iShares J.P. Morgan EM Local Currency Bond ETF $LEMB

Motley Fool Wealth Management LLC lowered its stake in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) by 11.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 245,517 shares of the company’s stock after selling 33,096 shares during the quarter. Motley Fool Wealth Management LLC owned about 1.32% of iShares J.P. Morgan EM Local Currency Bond ETF worth $10,206,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in iShares J.P. Morgan EM Local Currency Bond ETF in the fourth quarter valued at approximately $116,000. EverSource Wealth Advisors LLC bought a new position in iShares J.P. Morgan EM Local Currency Bond ETF in the third quarter valued at approximately $116,000. Rosenberg Matthew Hamilton lifted its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 5.9% in the fourth quarter. Rosenberg Matthew Hamilton now owns 6,959 shares of the company’s stock worth $289,000 after purchasing an additional 387 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 3.9% in the fourth quarter. Fisher Asset Management LLC now owns 10,254 shares of the company’s stock worth $426,000 after purchasing an additional 382 shares in the last quarter. Finally, Vicus Capital lifted its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 152.3% in the fourth quarter. Vicus Capital now owns 26,344 shares of the company’s stock worth $1,095,000 after purchasing an additional 15,901 shares in the last quarter.

iShares J.P. Morgan EM Local Currency Bond ETF Price Performance

Shares of LEMB stock opened at $41.85 on Wednesday. The company’s fifty day simple moving average is $41.84 and its 200-day simple moving average is $41.90. iShares J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $39.42 and a 12 month high of $43.12.

About iShares J.P. Morgan EM Local Currency Bond ETF

The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted index of sovereign debt denominated in issuers’ local currencies, with limits on country exposure. LEMB was launched on Oct 18, 2011 and is managed by BlackRock.