iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Shares Pass Below 200-Day Moving Average – Here’s Why

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $95.72 and traded as low as $94.46. iShares J.P. Morgan USD Emerging Markets Bond ETF shares last traded at $94.68, with a volume of 6,019,812 shares trading hands.

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

The company’s 50-day moving average price is $95.63 and its two-hundred day moving average price is $95.71.

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

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a $0.4136 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 5.2%.

Institutional Investors Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Several hedge funds have recently bought and sold shares of EMB. Compass Financial Management LLC acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the second quarter valued at approximately $31,000. Cary Street Partners Financial LLC acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth approximately $34,000. Ameriflex Group Inc. lifted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 38.7% during the 4th quarter. Ameriflex Group Inc. now owns 369 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 103 shares during the last quarter. Harbor Investment Advisory LLC boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1,333.3% in the 2nd quarter. Harbor Investment Advisory LLC now owns 387 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 360 shares during the period. Finally, EQ Wealth Advisors LLC bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at $42,000. 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. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.