Vicus Capital Cuts Position in iShares JP Morgan USD Emerging Markets Bond ETF (EMB)

Vicus Capital Cuts Position in iShares JP Morgan USD Emerging Markets Bond ETF (EMB)

Vicus Capital trimmed its position in iShares JP Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 3.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,050 shares of the exchange traded fund’s stock after selling 982 shares during the period. Vicus Capital’s holdings in iShares JP Morgan USD Emerging Markets Bond ETF were worth $3,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EMB. Lenox Wealth Management Inc. boosted its holdings in iShares JP Morgan USD Emerging Markets Bond ETF by 17,272.1% in the first quarter. Lenox Wealth Management Inc. now owns 21,194 shares of the exchange traded fund’s stock valued at $2,333,000 after purchasing an additional 21,072 shares during the last quarter. Joseph P. Lucia & Associates LLC purchased a new stake in iShares JP Morgan USD Emerging Markets Bond ETF in the first quarter valued at $620,000. Park Avenue Securities LLC purchased a new stake in iShares JP Morgan USD Emerging Markets Bond ETF in the first quarter valued at $31,242,000. Ellevest Inc. boosted its holdings in iShares JP Morgan USD Emerging Markets Bond ETF by 163.0% in the first quarter. Ellevest Inc. now owns 22,817 shares of the exchange traded fund’s stock valued at $1,211,000 after purchasing an additional 14,140 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in iShares JP Morgan USD Emerging Markets Bond ETF by 127.5% in the first quarter. Parallel Advisors LLC now owns 8,903 shares of the exchange traded fund’s stock valued at $980,000 after purchasing an additional 4,990 shares during the last quarter.

NASDAQ:EMB traded down $0.50 during mid-day trading on Thursday, hitting $108.79. The company’s stock had a trading volume of 285,056 shares, compared to its average volume of 4,950,898. iShares JP Morgan USD Emerging Markets Bond ETF has a 1 year low of $102.15 and a 1 year high of $110.37.

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a $0.4489 dividend. This represents a $5.39 annualized dividend and a yield of 4.95%. The ex-dividend date was Wednesday, May 1st.

About iShares JP 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.

Further Reading: What is a Derivative?

Want to see what other hedge funds are holding EMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares JP Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB).

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