Vicus Capital Cuts Position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Vicus Capital trimmed its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 16.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,672 shares of the exchange traded fund’s stock after selling 3,263 shares during the period. Vicus Capital’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $1,510,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. OLD Point Trust & Financial Services N A bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter worth about $28,000. Cullen Frost Bankers Inc. grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 89.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 415 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 196 shares during the last quarter. Wintrust Investments LLC grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 92.1% in the 4th quarter. Wintrust Investments LLC now owns 534 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 256 shares during the last quarter. Ameriflex Group Inc. bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth approximately $76,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 99.6% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 900 shares of the exchange traded fund’s stock valued at $82,000 after acquiring an additional 449 shares during the last quarter. 91.08% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of EMB opened at $91.01 on Tuesday. The company has a 50 day moving average of $89.82 and a two-hundred day moving average of $90.18. iShares J.P. Morgan USD Emerging Markets Bond ETF has a twelve month low of $84.78 and a twelve month high of $93.97.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.4054 per share. This represents a $4.86 annualized dividend and a yield of 5.35%. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.40. The ex-dividend date was Monday, June 2nd.

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.