Napier Financial LLC Acquires New Shares in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Napier Financial LLC acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 15,785 shares of the exchange traded fund’s stock, valued at approximately $1,520,000.

A number of other large investors have also made changes to their positions in EMB. Nationwide Fund Advisors boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 883.0% in the 4th quarter. Nationwide Fund Advisors now owns 2,077,835 shares of the exchange traded fund’s stock worth $200,054,000 after purchasing an additional 1,866,453 shares during the period. Keystone Global Partners LLC acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter worth $854,000. Farther Finance Advisors LLC boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 47.3% in the 4th quarter. Farther Finance Advisors LLC now owns 37,359 shares of the exchange traded fund’s stock worth $3,597,000 after purchasing an additional 11,991 shares during the period. Polianta Ltd acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter worth $223,947,000. Finally, Sumitomo Life Insurance Co. acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 3rd quarter worth $123,331,000. Institutional investors own 91.08% of the company’s stock.

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

Shares of NASDAQ EMB opened at $95.40 on Monday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $90.39 and a 1-year high of $97.80. The company has a fifty day moving average price of $95.39 and a 200 day moving average price of $95.98.

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

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.407 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 5.1%.

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.