iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Reaches New 12-Month High at $90.25

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $90.25 and last traded at $90.25, with a volume of 1365433 shares. The stock had previously closed at $89.57.

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

The company has a 50-day moving average of $88.99 and a 200 day moving average of $88.45.

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

The company also recently declared a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a dividend of $0.3813 per share. This represents a $4.58 annualized dividend and a yield of 5.07%. The ex-dividend date of this dividend was Monday, July 1st.

Institutional Investors Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. ICA Group Wealth Management LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at about $26,000. First United Bank & Trust bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at about $38,000. Global Financial Private Client LLC lifted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 36.3% in the 1st quarter. Global Financial Private Client LLC now owns 436 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 116 shares during the last quarter. Olistico Wealth LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter valued at about $46,000. Finally, Salomon & Ludwin LLC lifted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 8,766.7% in the 1st quarter. Salomon & Ludwin LLC now owns 532 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 526 shares during the last quarter. Institutional investors own 91.08% of the company’s stock.

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