iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Sees Large Volume Increase

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) shares saw strong trading volume on Wednesday . 4,278,657 shares were traded during trading, a decline of 38% from the previous session’s volume of 6,865,362 shares.The stock last traded at $87.32 and had previously closed at $86.66.

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

The firm has a fifty day moving average of $88.43 and a 200-day moving average of $86.41.

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

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.3656 per share. The ex-dividend date was Monday, April 1st. This represents a $4.39 dividend on an annualized basis and a yield of 5.03%.

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

Large investors have recently bought and sold shares of the business. Caisse DE Depot ET Placement DU Quebec raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 32.4% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 4,161,152 shares of the exchange traded fund’s stock valued at $343,461,000 after acquiring an additional 1,017,565 shares during the period. Sumitomo Life Insurance Co. grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 184.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 2,550,683 shares of the exchange traded fund’s stock valued at $227,164,000 after buying an additional 1,654,771 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 312.0% in the 4th quarter. BNP Paribas Financial Markets now owns 1,433,655 shares of the exchange traded fund’s stock valued at $127,681,000 after buying an additional 1,085,683 shares during the period. Brevan Howard Capital Management LP increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 167.4% in the 4th quarter. Brevan Howard Capital Management LP now owns 1,244,000 shares of the exchange traded fund’s stock valued at $110,791,000 after buying an additional 3,089,000 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth $79,150,000. 91.08% of the stock is currently owned by institutional investors and hedge funds.

iShares J.P. Morgan USD Emerging Markets Bond ETF Company Profile

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.