1,295,634 Shares in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB Purchased by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,295,634 shares of the exchange traded fund’s stock, valued at approximately $123,331,000. iShares J.P. Morgan USD Emerging Markets Bond ETF accounts for 3.8% of Sumitomo Life Insurance Co.’s investment portfolio, making the stock its 5th largest position. Sumitomo Life Insurance Co. owned 0.82% of iShares J.P. Morgan USD Emerging Markets Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Richardson Capital Management LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter valued at approximately $26,000. First United Bank & Trust grew its holdings in 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 worth $40,000 after buying an additional 134 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter valued at approximately $42,000. Corsicana & Co. bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter valued at $47,000. Finally, First Horizon Corp acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth $47,000. Institutional investors own 91.08% of the company’s stock.

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

NASDAQ:EMB opened at $97.74 on Thursday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $84.78 and a 1 year high of $97.80. The business has a fifty day moving average of $96.64 and a 200-day moving average of $95.86.

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

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.4146 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.1%. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.38.

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

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.