City National Bank of Florida MSD Invests $496,000 in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

City National Bank of Florida MSD acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,565 shares of the exchange traded fund’s stock, valued at approximately $496,000.

A number of other large investors also recently bought and sold shares of the company. OLD Point Trust & Financial Services N A acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at about $28,000. Cullen Frost Bankers Inc. lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 89.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 415 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 196 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 125.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 451 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 251 shares during the period. Independence Bank of Kentucky acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter valued at approximately $45,000. Finally, Wintrust Investments LLC grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 92.1% during the 4th quarter. Wintrust Investments LLC now owns 534 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 256 shares during the last quarter. Institutional investors own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Down 0.9%

Shares of NASDAQ EMB opened at $89.54 on Thursday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $84.78 and a 1-year high of $93.97. The business’s fifty day moving average price is $89.58 and its two-hundred day moving average price is $90.26.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a $0.4023 dividend. This represents a $4.83 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date was Thursday, May 1st. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.40.

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.