Foster & Motley Inc. Lowers Stock Holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Foster & Motley Inc. lowered its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 19.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 61,313 shares of the exchange traded fund’s stock after selling 14,660 shares during the quarter. Foster & Motley Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $5,738,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. United Advisor Group LLC bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the third quarter worth $218,000. Nvwm LLC increased its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.2% during the third quarter. Nvwm LLC now owns 42,779 shares of the exchange traded fund’s stock valued at $4,003,000 after acquiring an additional 1,346 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 43.7% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 385 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 117 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 22.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 21,918 shares of the exchange traded fund’s stock worth $2,051,000 after purchasing an additional 4,011 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 9.2% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 7,630 shares of the exchange traded fund’s stock worth $714,000 after purchasing an additional 641 shares in the last quarter. Institutional investors own 91.08% of the company’s stock.

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

NASDAQ:EMB opened at $90.40 on Wednesday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $82.01 and a fifty-two week high of $93.97. The firm has a 50-day simple moving average of $92.27 and a two-hundred day simple moving average of $90.43.

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

The company also recently declared a dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be issued a dividend of $0.4222 per share. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous dividend of $0.37. The ex-dividend date of this dividend is Friday, November 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.