Prudent Investors Network Inc. Purchases Shares of 1,036,485 Global X Emerging Markets Bond ETF (NYSEARCA:EMBD)

Prudent Investors Network Inc. purchased a new stake in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,036,485 shares of the company’s stock, valued at approximately $24,347,000. Global X Emerging Markets Bond ETF accounts for 7.5% of Prudent Investors Network Inc.’s holdings, making the stock its 4th biggest position. Prudent Investors Network Inc. owned approximately 0.16% of Global X Emerging Markets Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EMBD. Cetera Investment Advisers lifted its stake in shares of Global X Emerging Markets Bond ETF by 32.9% in the 1st quarter. Cetera Investment Advisers now owns 225,438 shares of the company’s stock valued at $5,095,000 after purchasing an additional 55,813 shares in the last quarter. Cetera Advisors LLC acquired a new position in Global X Emerging Markets Bond ETF during the 1st quarter worth approximately $1,692,000. Dynamic Advisor Solutions LLC acquired a new position in Global X Emerging Markets Bond ETF during the 2nd quarter worth approximately $855,000. 1620 Investment Advisors Inc. lifted its position in Global X Emerging Markets Bond ETF by 12.6% during the 2nd quarter. 1620 Investment Advisors Inc. now owns 15,340 shares of the company’s stock worth $344,000 after acquiring an additional 1,712 shares in the last quarter. Finally, Gateway Wealth Partners LLC lifted its position in Global X Emerging Markets Bond ETF by 13.9% during the 2nd quarter. Gateway Wealth Partners LLC now owns 58,693 shares of the company’s stock worth $1,316,000 after acquiring an additional 7,147 shares in the last quarter.

Global X Emerging Markets Bond ETF Stock Performance

EMBD stock opened at $23.03 on Thursday. Global X Emerging Markets Bond ETF has a 52-week low of $20.77 and a 52-week high of $24.51. The stock’s 50 day moving average is $23.27 and its two-hundred day moving average is $22.84.

About Global X Emerging Markets Bond ETF

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.