Municipal Employees Retirement System of Michigan Increases Stock Holdings in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC)

Municipal Employees Retirement System of Michigan boosted its position in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) by 40.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,176,669 shares of the company’s stock after acquiring an additional 2,913,721 shares during the period. SPDR Bloomberg Emerging Markets USD Bond ETF accounts for about 3.2% of Municipal Employees Retirement System of Michigan’s holdings, making the stock its 10th biggest position. Municipal Employees Retirement System of Michigan owned approximately 118.33% of SPDR Bloomberg Emerging Markets USD Bond ETF worth $245,868,000 at the end of the most recent reporting period.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

Shares of SPDR Bloomberg Emerging Markets USD Bond ETF stock traded down $0.17 on Friday, hitting $23.82. The company had a trading volume of 9,567 shares, compared to its average volume of 81,064. SPDR Bloomberg Emerging Markets USD Bond ETF has a 1 year low of $21.86 and a 1 year high of $24.50. The stock has a 50 day moving average of $23.87 and a 200-day moving average of $23.93.

SPDR Bloomberg Emerging Markets USD Bond ETF Company Profile

The SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) is an exchange-traded fund that is based on the Bloomberg Emerging USD Bond Core index. The fund tracks a broad market-value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. EMHC was launched on Apr 6, 2021 and is managed by State Street.