Global X Emerging Markets Bond ETF $EMBD is Prudent Investors Network Inc.’s 2nd Largest Position

Prudent Investors Network Inc. raised its holdings in shares of Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) by 10.1% during the third quarter, HoldingsChannel reports. The fund owned 1,799,621 shares of the company’s stock after purchasing an additional 164,717 shares during the quarter. Global X Emerging Markets Bond ETF comprises about 10.5% of Prudent Investors Network Inc.’s investment portfolio, making the stock its 2nd biggest holding. Prudent Investors Network Inc. owned about 0.17% of Global X Emerging Markets Bond ETF worth $42,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in EMBD. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Global X Emerging Markets Bond ETF by 315.5% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 214,817 shares of the company’s stock worth $5,110,000 after acquiring an additional 163,122 shares during the period. Good Steward Wealth Advisors LLC raised its stake in shares of Global X Emerging Markets Bond ETF by 60.2% during the 3rd quarter. Good Steward Wealth Advisors LLC now owns 282,080 shares of the company’s stock valued at $6,711,000 after purchasing an additional 106,022 shares during the period. Gateway Wealth Partners LLC lifted its holdings in Global X Emerging Markets Bond ETF by 10.1% during the 3rd quarter. Gateway Wealth Partners LLC now owns 90,252 shares of the company’s stock worth $2,147,000 after purchasing an additional 8,311 shares in the last quarter. Flaharty Asset Management LLC purchased a new stake in Global X Emerging Markets Bond ETF during the 3rd quarter worth about $17,446,000. Finally, Thrivent Financial for Lutherans bought a new position in Global X Emerging Markets Bond ETF in the 3rd quarter worth about $1,097,000.

Global X Emerging Markets Bond ETF Stock Down 0.5%

EMBD stock opened at $23.81 on Friday. Global X Emerging Markets Bond ETF has a twelve month low of $21.62 and a twelve month high of $25.12. The stock has a 50-day simple moving average of $24.06 and a two-hundred day simple moving average of $23.94.

Global X Emerging Markets Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.115 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date was Monday, March 2nd.

Global X Emerging Markets Bond ETF Profile

The Global X Emerging Markets Bond ETF (EMBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in broad emerging market bonds with any maturity. EMBD was launched on Jun 1, 2020 and is managed by Global X.