Thrivent Financial for Lutherans Makes New $1.10 Million Investment in Global X Emerging Markets Bond ETF $EMBD

Thrivent Financial for Lutherans bought a new stake in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) in the third quarter, Holdings Channel.com reports. The firm bought 46,108 shares of the company’s stock, valued at approximately $1,097,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC grew its stake in Global X Emerging Markets Bond ETF by 351.6% during the 3rd quarter. CWM LLC now owns 1,960 shares of the company’s stock valued at $47,000 after acquiring an additional 1,526 shares in the last quarter. Private Trust Co. NA purchased a new position in Global X Emerging Markets Bond ETF in the 3rd quarter worth approximately $123,000. Brighton Jones LLC acquired a new position in shares of Global X Emerging Markets Bond ETF during the 2nd quarter worth approximately $277,000. Raymond James Financial Inc. purchased a new stake in shares of Global X Emerging Markets Bond ETF in the second quarter valued at approximately $308,000. Finally, Greenwood Capital Associates LLC increased its holdings in shares of Global X Emerging Markets Bond ETF by 61.0% in the third quarter. Greenwood Capital Associates LLC now owns 13,998 shares of the company’s stock valued at $333,000 after purchasing an additional 5,304 shares during the last quarter.

Global X Emerging Markets Bond ETF Trading Up 0.4%

Shares of Global X Emerging Markets Bond ETF stock opened at $24.27 on Friday. The business’s 50 day moving average price is $24.02 and its 200 day moving average price is $23.87. Global X Emerging Markets Bond ETF has a one year low of $21.62 and a one year high of $25.12.

Global X Emerging Markets Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.115 per share. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Global X Emerging Markets Bond ETF’s previous monthly dividend of $0.11.

Global X Emerging Markets Bond ETF Company 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.