Hilltop Holdings Inc. Increases Stake in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Hilltop Holdings Inc. lifted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 25.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,438 shares of the exchange traded fund’s stock after buying an additional 7,664 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $3,564,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Richardson Capital Management LLC purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the third quarter worth approximately $26,000. First United Bank & Trust increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 47.7% in the 3rd quarter. First United Bank & Trust now owns 415 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 134 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter valued at $42,000. First Horizon Corp acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 3rd quarter valued at $47,000. Finally, Corsicana & Co. purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth $47,000. 91.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Up 0.4%

Shares of EMB stock opened at $94.75 on Tuesday. The firm has a fifty day moving average price of $96.58 and a 200 day moving average price of $96.08. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12 month low of $84.78 and a 12 month high of $97.80.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.403 per share. This represents a c) dividend on an annualized basis and a yield of 5.1%. 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.