iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Declares Dividend Increase – $0.46 Per Share

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) declared a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.4554 per share by the exchange traded fund on Tuesday, April 7th. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Wednesday, April 1st. This is a 13.0% increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.40.

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

Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF stock traded down $0.07 on Wednesday, hitting $93.86. The stock had a trading volume of 13,072,219 shares, compared to its average volume of 11,376,785. iShares J.P. Morgan USD Emerging Markets Bond ETF has a twelve month low of $84.78 and a twelve month high of $97.80. The business’s 50 day moving average is $96.07 and its two-hundred day moving average is $96.03.

Hedge Funds Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter worth approximately $204,000. Baird Financial Group Inc. grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 33.3% during the 2nd quarter. Baird Financial Group Inc. now owns 56,938 shares of the exchange traded fund’s stock worth $5,274,000 after purchasing an additional 14,236 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.4% during the 2nd quarter. NewEdge Advisors LLC now owns 203,376 shares of the exchange traded fund’s stock worth $18,837,000 after purchasing an additional 10,482 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.1% in the second quarter. BNP Paribas Financial Markets now owns 3,144,433 shares of the exchange traded fund’s stock worth $291,237,000 after purchasing an additional 33,203 shares during the period. Finally, Redwood Investment Management LLC raised its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 37.9% in the second quarter. Redwood Investment Management LLC now owns 3,681 shares of the exchange traded fund’s stock valued at $341,000 after purchasing an additional 1,012 shares in the last quarter. 91.08% of the stock is currently owned by institutional investors and hedge funds.

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. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.