Red Tortoise LLC Decreases Holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Red Tortoise LLC trimmed its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 33.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,516 shares of the exchange traded fund’s stock after selling 762 shares during the period. Red Tortoise LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $140,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Duncan Williams Asset Management LLC purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter worth about $336,000. Bay Harbor Wealth Management LLC grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 14.2% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 16,922 shares of the exchange traded fund’s stock valued at $1,567,000 after acquiring an additional 2,102 shares during the period. Vicus Capital increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.4% during the 2nd quarter. Vicus Capital now owns 16,900 shares of the exchange traded fund’s stock worth $1,565,000 after purchasing an additional 228 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 275,004 shares of the exchange traded fund’s stock worth $25,471,000 after purchasing an additional 8,222 shares during the period. Finally, ORG Partners LLC lifted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 19.2% in the second quarter. ORG Partners LLC now owns 10,036 shares of the exchange traded fund’s stock valued at $929,000 after purchasing an additional 1,614 shares during the last quarter. Institutional investors own 91.08% of the company’s stock.

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

Shares of NASDAQ EMB opened at $95.21 on Monday. The stock has a fifty day simple moving average of $94.28 and a two-hundred day simple moving average of $91.79. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $84.78 and a 1-year high of $95.90.

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

The firm also recently announced a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a $0.3925 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.9%.

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.