Financial Management Professionals Inc. Invests $52,000 in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Financial Management Professionals Inc. purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 580 shares of the exchange traded fund’s stock, valued at approximately $52,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brevan Howard Capital Management LP lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 167.4% in the fourth quarter. Brevan Howard Capital Management LP now owns 1,244,000 shares of the exchange traded fund’s stock valued at $110,791,000 after buying an additional 3,089,000 shares during the period. Sumitomo Life Insurance Co. lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 184.7% in the fourth quarter. Sumitomo Life Insurance Co. now owns 2,550,683 shares of the exchange traded fund’s stock valued at $227,164,000 after buying an additional 1,654,771 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 312.0% in the fourth quarter. BNP Paribas Financial Markets now owns 1,433,655 shares of the exchange traded fund’s stock valued at $127,681,000 after buying an additional 1,085,683 shares during the period. SG Americas Securities LLC acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at $79,150,000. Finally, Stairway Partners LLC lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 106.8% in the first quarter. Stairway Partners LLC now owns 239,096 shares of the exchange traded fund’s stock valued at $21,440,000 after buying an additional 123,481 shares during the period. Institutional investors own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Down 0.8 %

NASDAQ:EMB opened at $88.48 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $79.70 and a 1-year high of $90.08. The stock has a fifty day simple moving average of $88.78 and a 200 day simple moving average of $88.44.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a dividend of $0.3627 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $4.35 dividend on an annualized basis and a yield of 4.92%.

iShares J.P. Morgan USD Emerging Markets Bond ETF Profile

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.