RiverFront Investment Group LLC Makes New $301,000 Investment in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

RiverFront Investment Group LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,400 shares of the exchange traded fund’s stock, valued at approximately $301,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brevan Howard Capital Management LP grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 167.4% in the 4th quarter. Brevan Howard Capital Management LP now owns 1,244,000 shares of the exchange traded fund’s stock valued at $110,791,000 after buying an additional 3,089,000 shares during the last quarter. TIAA Trust National Association boosted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 134.4% during the first quarter. TIAA Trust National Association now owns 1,250,692 shares of the exchange traded fund’s stock valued at $112,300,000 after acquiring an additional 717,196 shares during the period. Bessemer Group Inc. grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 16.1% in the first quarter. Bessemer Group Inc. now owns 2,033,197 shares of the exchange traded fund’s stock valued at $182,317,000 after purchasing an additional 281,339 shares during the last quarter. Sumitomo Life Insurance Co. increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 28.6% in the second quarter. Sumitomo Life Insurance Co. now owns 1,006,765 shares of the exchange traded fund’s stock worth $89,079,000 after purchasing an additional 223,760 shares during the period. Finally, Retirement Investment Advisors Inc. acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 2nd quarter worth about $19,370,000. 91.08% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ:EMB opened at $93.46 on Wednesday. The business has a 50 day moving average price of $91.76 and a 200 day moving average price of $89.90. iShares J.P. Morgan USD Emerging Markets Bond ETF has a twelve month low of $79.70 and a twelve month high of $93.97.

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

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.3682 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares J.P. Morgan USD Emerging Markets Bond ETF Company 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.