JPMorgan Chase & Co. Sells 224,095 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

JPMorgan Chase & Co. decreased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 4.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,511,385 shares of the exchange traded fund’s stock after selling 224,095 shares during the period. JPMorgan Chase & Co. owned 2.93% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $401,694,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in EMB. OLD Point Trust & Financial Services N A bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter worth about $28,000. Cullen Frost Bankers Inc. boosted its stake in 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 purchasing an additional 196 shares during the period. First Financial Corp IN bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter worth approximately $40,000. MassMutual Private Wealth & Trust FSB grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 125.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 451 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 251 shares in the last quarter. Finally, Independence Bank of Kentucky bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter valued at approximately $45,000. 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

Shares of NASDAQ:EMB opened at $90.39 on Friday. The firm has a fifty day moving average price of $90.79 and a 200 day moving average price of $91.12. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $86.40 and a fifty-two week high of $93.97.

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

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.3856 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.