SG Americas Securities LLC Sells 301,757 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

SG Americas Securities LLC lowered its position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 61.1% during the first quarter, Holdings Channel reports. The firm owned 191,736 shares of the exchange traded fund’s stock after selling 301,757 shares during the period. SG Americas Securities LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $18,010,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Nationwide Fund Advisors lifted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 883.0% in the fourth quarter. Nationwide Fund Advisors now owns 2,077,835 shares of the exchange traded fund’s stock valued at $200,054,000 after buying an additional 1,866,453 shares during the period. Keystone Global Partners LLC bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter valued at $854,000. Farther Finance Advisors LLC grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 47.3% during the 4th quarter. Farther Finance Advisors LLC now owns 37,359 shares of the exchange traded fund’s stock worth $3,597,000 after acquiring an additional 11,991 shares during the period. Polianta Ltd acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth about $223,947,000. Finally, Principia Wealth Advisory LLC grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 56.2% during the 4th quarter. Principia Wealth Advisory LLC now owns 27,811 shares of the exchange traded fund’s stock worth $2,678,000 after acquiring an additional 10,007 shares during the period. 91.08% of the stock is owned by institutional investors.

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

EMB stock opened at $96.56 on Friday. The stock has a 50-day moving average price of $95.91 and a 200-day moving average price of $95.97. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $91.22 and a 1-year high of $97.80.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.407 dividend. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Monday, June 1st.

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.