SBI Okasan Asset Management Co.Ltd. Takes Position in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

SBI Okasan Asset Management Co.Ltd. purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 6,734,380 shares of the exchange traded fund’s stock, valued at approximately $650,474,000. iShares J.P. Morgan USD Emerging Markets Bond ETF accounts for approximately 35.8% of SBI Okasan Asset Management Co.Ltd.’s holdings, making the stock its 2nd largest position. SBI Okasan Asset Management Co.Ltd. owned 3.85% of iShares J.P. Morgan USD Emerging Markets Bond ETF as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in EMB. Redwood Investment Management LLC grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 37.9% in the 2nd quarter. Redwood Investment Management LLC now owns 3,681 shares of the exchange traded fund’s stock valued at $341,000 after buying an additional 1,012 shares during the period. WFA of San Diego LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 2nd quarter worth approximately $441,000. Cullen Frost Bankers Inc. boosted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 54.6% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 524 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 185 shares during the period. Belpointe Asset Management LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth approximately $323,000. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,370,578 shares of the exchange traded fund’s stock worth $130,465,000 after purchasing an additional 41,366 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 Stock Up 0.3%

NASDAQ:EMB opened at $96.23 on Friday. The company has a 50 day moving average price of $95.15 and a 200 day moving average price of $95.99. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $89.96 and a fifty-two week high of $97.80.

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

The business also recently disclosed a dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.4101 per share. The ex-dividend date of this dividend was Friday, May 1st.

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

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. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.