Cullen Frost Bankers Inc. Purchases 196 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Cullen Frost Bankers Inc. lifted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 89.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 415 shares of the exchange traded fund’s stock after acquiring an additional 196 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $37,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in EMB. First Financial Corp IN bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter worth $40,000. MassMutual Private Wealth & Trust FSB raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 125.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 451 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 251 shares in the last quarter. Independence Bank of Kentucky bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter worth $45,000. Transcendent Capital Group LLC grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 67.3% during the 3rd quarter. Transcendent Capital Group LLC now owns 962 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 387 shares during the last quarter. Finally, Caitlin John LLC grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.7% during the 4th quarter. Caitlin John LLC now owns 1,830 shares of the exchange traded fund’s stock worth $163,000 after buying an additional 115 shares during the last quarter. 91.08% of the stock is owned by institutional investors.

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

Shares of EMB stock opened at $90.99 on Monday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $86.40 and a 1-year high of $93.97. The stock’s fifty day moving average price is $90.33 and its 200 day moving average price is $91.24.

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

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.3856 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.