Farther Finance Advisors LLC Increases Stock Position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Farther Finance Advisors LLC grew its position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 52.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,657 shares of the exchange traded fund’s stock after purchasing an additional 12,247 shares during the period. Farther Finance Advisors LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $3,226,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 162.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 236,725 shares of the exchange traded fund’s stock worth $21,078,000 after buying an additional 146,430 shares during the last quarter. Kickstand Ventures LLC. increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 7.7% during the fourth quarter. Kickstand Ventures LLC. now owns 3,679 shares of the exchange traded fund’s stock worth $328,000 after buying an additional 263 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 2.9% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 29,888 shares of the exchange traded fund’s stock worth $2,661,000 after buying an additional 830 shares during the last quarter. Sierra Ocean LLC purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter worth about $4,117,000. Finally, Citizens & Northern Corp increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 18.3% during the fourth quarter. Citizens & Northern Corp now owns 128,456 shares of the exchange traded fund’s stock worth $11,438,000 after buying an additional 19,854 shares during the last quarter. Hedge funds and other institutional investors own 91.08% of the company’s stock.

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

NASDAQ EMB opened at $91.06 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 $93.97. The company has a 50-day simple moving average of $89.50 and a 200 day simple moving average of $90.21.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a dividend of $0.4054 per share. This represents a $4.86 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.40.

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.