Global X Emerging Markets Bond ETF $EMBD Stake Cut by NewEdge Advisors LLC

NewEdge Advisors LLC lessened its holdings in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) by 14.9% in the first quarter, HoldingsChannel.com reports. The firm owned 1,754,217 shares of the company’s stock after selling 306,639 shares during the period. NewEdge Advisors LLC owned 0.16% of Global X Emerging Markets Bond ETF worth $41,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of EMBD. Jane Street Group LLC acquired a new stake in shares of Global X Emerging Markets Bond ETF during the first quarter worth $2,315,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Global X Emerging Markets Bond ETF by 9.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 313,349 shares of the company’s stock valued at $7,307,000 after buying an additional 28,278 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Global X Emerging Markets Bond ETF during the 2nd quarter valued at about $308,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Global X Emerging Markets Bond ETF during the 3rd quarter valued at about $39,000. Finally, Good Steward Wealth Advisors LLC grew its position in shares of Global X Emerging Markets Bond ETF by 17.0% during the 4th quarter. Good Steward Wealth Advisors LLC now owns 330,166 shares of the company’s stock valued at $7,927,000 after buying an additional 48,086 shares during the last quarter.

Global X Emerging Markets Bond ETF Trading Down 0.3%

EMBD opened at $23.60 on Friday. The company’s 50-day moving average price is $23.78 and its 200 day moving average price is $23.81. Global X Emerging Markets Bond ETF has a fifty-two week low of $23.15 and a fifty-two week high of $25.12.

Global X Emerging Markets Bond ETF 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.