Sugarloaf Wealth Management LLC Has $451,000 Stock Position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Sugarloaf Wealth Management LLC cut its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 4.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,060 shares of the exchange traded fund’s stock after selling 222 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $451,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of EMB. Harbor Capital Advisors Inc. lifted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 43.7% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 385 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 117 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 226.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 401 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 278 shares in the last quarter. Zions Bancorporation N.A. acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter valued at about $47,000. Transcendent Capital Group LLC boosted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 67.3% during the 3rd quarter. Transcendent Capital Group LLC now owns 962 shares of the exchange traded fund’s stock worth $90,000 after purchasing an additional 387 shares in the last quarter. Finally, United Advisor Group LLC acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 3rd quarter valued at about $218,000. 91.08% of the stock is currently owned by institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Down 0.5 %

EMB stock traded down $0.43 during trading on Friday, reaching $88.82. 5,985,170 shares of the stock were exchanged, compared to its average volume of 6,439,568. The firm’s 50 day moving average is $90.66 and its 200 day moving average is $91.03. iShares J.P. Morgan USD Emerging Markets Bond ETF has a twelve month low of $86.40 and a twelve month high of $93.97.

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

The company also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were issued a $0.2545 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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