RiverFront Investment Group LLC Boosts Stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

RiverFront Investment Group LLC grew its position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 70.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,061 shares of the exchange traded fund’s stock after acquiring an additional 2,089 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $451,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 0.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,099,556 shares of the exchange traded fund’s stock worth $97,904,000 after purchasing an additional 5,825 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter worth about $54,052,000. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 162.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 236,725 shares of the exchange traded fund’s stock worth $21,078,000 after buying an additional 146,430 shares during the period. Retirement Investment Advisors Inc. grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.6% in the third quarter. Retirement Investment Advisors Inc. now owns 231,274 shares of the exchange traded fund’s stock valued at $21,643,000 after buying an additional 12,353 shares in the last quarter. Finally, Stairway Partners LLC raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.7% during the 4th quarter. Stairway Partners LLC now owns 228,951 shares of the exchange traded fund’s stock valued at $20,386,000 after buying an additional 8,073 shares during the period. Hedge funds and other institutional investors own 91.08% of the company’s stock.

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

iShares J.P. Morgan USD Emerging Markets Bond ETF stock opened at $90.39 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a one year low of $86.40 and a one year high of $93.97. The stock’s 50 day moving average price is $90.79 and its 200 day moving average price is $91.12.

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

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3856 dividend. The ex-dividend date was Monday, March 3rd.

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.