iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB Shares Bought by Foster & Motley Inc.

Foster & Motley Inc. raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 23.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 80,081 shares of the exchange traded fund’s stock after acquiring an additional 15,259 shares during the period. Foster & Motley Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $7,417,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 140.7% in the first quarter. Golden State Wealth Management LLC now owns 325 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 190 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the first quarter valued at about $30,000. Boyd Watterson Asset Management LLC OH lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 381.3% in the first quarter. Boyd Watterson Asset Management LLC OH now owns 385 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 305 shares in the last quarter. Hurley Capital LLC purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the first quarter valued at about $42,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the first quarter valued at about $48,000. 91.08% of the stock is owned by hedge funds and other institutional investors.

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

NASDAQ:EMB opened at $95.74 on Friday. The firm has a 50 day simple moving average of $94.72 and a 200-day simple moving average of $92.09. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $84.78 and a 1-year high of $95.90.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a $0.3925 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.