iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB Shares Newly Bought by Parallel Advisors LLC

Parallel Advisors LLC acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,121 shares of the exchange traded fund’s stock, valued at approximately $4,826,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bessemer Group Inc. boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.9% in the 1st quarter. Bessemer Group Inc. now owns 2,183,616 shares of the exchange traded fund’s stock worth $205,107,000 after purchasing an additional 122,317 shares in the last quarter. Nationwide Fund Advisors purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth approximately $193,097,000. Bank of New York Mellon Corp grew its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 4.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,745,556 shares of the exchange traded fund’s stock worth $163,960,000 after purchasing an additional 81,618 shares during the last quarter. Stairway Partners LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 9.2% during the 2nd quarter. Stairway Partners LLC now owns 264,121 shares of the exchange traded fund’s stock valued at $25,472,000 after purchasing an additional 22,280 shares in the last quarter. Finally, Syon Capital LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 16.0% during the 2nd quarter. Syon Capital LLC now owns 169,689 shares of the exchange traded fund’s stock valued at $16,365,000 after purchasing an additional 23,372 shares in the last quarter. 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 $91.96 on Friday. The company has a fifty day simple moving average of $92.29 and a two-hundred day simple moving average of $94.86. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12-month low of $89.69 and a 12-month high of $97.80.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a dividend of $0.4037 per share. This represents a $4.84 dividend on an annualized basis and a dividend yield of 5.3%. This is a drop from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.4436. The ex-dividend date of this dividend was Monday, November 2nd.

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.