ORG Partners LLC Purchases New Position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

ORG Partners LLC acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,423 shares of the exchange traded fund’s stock, valued at approximately $741,000.

Other hedge funds have also recently made changes to their positions in the company. Tennessee Valley Asset Management Partners grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.3% during the fourth quarter. Tennessee Valley Asset Management Partners now owns 46,918 shares of the exchange traded fund’s stock worth $4,179,000 after acquiring an additional 1,482 shares during the period. Vicus Capital acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at $922,000. J.Safra Asset Management Corp grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 0.8% in the fourth quarter. J.Safra Asset Management Corp now owns 95,635 shares of the exchange traded fund’s stock valued at $8,517,000 after buying an additional 763 shares in the last quarter. Transcend Capital Advisors LLC acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth $214,000. Finally, Hexagon Capital Partners LLC grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 11.2% during the 4th quarter. Hexagon Capital Partners LLC now owns 10,954 shares of the exchange traded fund’s stock worth $976,000 after purchasing an additional 1,103 shares in the last quarter. 91.08% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ EMB traded down $0.37 on Thursday, hitting $90.82. 965,722 shares of the company’s stock were exchanged, compared to its average volume of 6,098,503. The firm’s 50-day moving average price is $89.52 and its two-hundred day moving average price is $88.80. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $79.70 and a fifty-two week high of $91.25.

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

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were paid a dividend of $0.3909 per share. The ex-dividend date of this dividend was Thursday, August 1st. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.38. This represents a $4.69 annualized dividend and a dividend yield of 5.16%.

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.