iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Raises Dividend to $0.41 Per Share

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.4137 per share by the exchange traded fund on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Tuesday, September 1st. This is a 0.0% increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.41.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Down 0.7%

Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF stock traded down $0.68 during trading on Tuesday, hitting $94.09. The company’s stock had a trading volume of 7,165,351 shares, compared to its average volume of 8,055,105. The company has a fifty day simple moving average of $95.38 and a two-hundred day simple moving average of $95.62. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52 week low of $92.87 and a 52 week high of $97.80.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Redwood Investment Management LLC grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 37.9% in the 2nd quarter. Redwood Investment Management LLC now owns 3,681 shares of the exchange traded fund’s stock worth $341,000 after buying an additional 1,012 shares during the last quarter. WFA of San Diego LLC purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter valued at $441,000. Russell Investments Group Ltd. boosted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 34.2% in the third quarter. Russell Investments Group Ltd. now owns 65,672 shares of the exchange traded fund’s stock worth $6,252,000 after acquiring an additional 16,724 shares in the last quarter. Mpwm Advisory Solutions LLC boosted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 2.4% in the third quarter. Mpwm Advisory Solutions LLC now owns 4,952 shares of the exchange traded fund’s stock worth $471,000 after acquiring an additional 117 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.5% in the third quarter. Ameriprise Financial Inc. now owns 1,004,703 shares of the exchange traded fund’s stock worth $95,639,000 after acquiring an additional 61,273 shares in the last quarter. Institutional investors own 91.08% of the company’s stock.

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.