674,192 Shares in iShares MSCI UAE ETF $UAE Acquired by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD purchased a new stake in iShares MSCI UAE ETF (NASDAQ:UAE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 674,192 shares of the company’s stock, valued at approximately $12,735,000. Mondrian Investment Partners LTD owned 0.09% of iShares MSCI UAE ETF at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of iShares MSCI UAE ETF by 8.1% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 361,591 shares of the company’s stock worth $6,830,000 after buying an additional 27,179 shares during the last quarter. Flow Traders U.S. LLC bought a new position in iShares MSCI UAE ETF in the 2nd quarter valued at about $976,000. Ninety One North America Inc. bought a new position in iShares MSCI UAE ETF in the 3rd quarter valued at about $5,093,000. Rhumbline Advisers lifted its position in iShares MSCI UAE ETF by 62.2% during the second quarter. Rhumbline Advisers now owns 184,204 shares of the company’s stock worth $3,448,000 after acquiring an additional 70,620 shares during the last quarter. Finally, Csenge Advisory Group bought a new stake in shares of iShares MSCI UAE ETF during the third quarter worth approximately $990,000.

iShares MSCI UAE ETF Trading Up 0.2%

iShares MSCI UAE ETF stock opened at $21.94 on Tuesday. The company has a market capitalization of $179.91 million, a price-to-earnings ratio of 10.93 and a beta of 0.41. iShares MSCI UAE ETF has a 12 month low of $15.40 and a 12 month high of $22.25. The stock’s 50 day moving average is $20.11 and its 200-day moving average is $19.63.

iShares MSCI UAE ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.1883 per share. The ex-dividend date was Tuesday, December 16th. This represents a yield of 196.0%.

iShares MSCI UAE ETF Profile

The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.