Price Capital Management Inc. Takes Position in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Price Capital Management Inc. purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 487,260 shares of the exchange traded fund’s stock, valued at approximately $46,382,000. iShares J.P. Morgan USD Emerging Markets Bond ETF comprises about 54.5% of Price Capital Management Inc.’s investment portfolio, making the stock its biggest position.

A number of other institutional investors have also added to or reduced their stakes in EMB. Richardson Capital Management LLC bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 3rd quarter valued at approximately $26,000. First United Bank & Trust increased its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 47.7% during the third quarter. First United Bank & Trust now owns 415 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 134 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter valued at $42,000. First Horizon Corp acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter valued at $47,000. Finally, Corsicana & Co. bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth $47,000. 91.08% of the stock is currently owned by institutional investors and hedge funds.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Up 0.1%

Shares of EMB opened at $97.65 on Monday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12-month low of $84.78 and a 12-month high of $97.77. The business has a 50-day simple moving average of $96.56 and a two-hundred day simple moving average of $95.79.

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

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.4146 dividend. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.38. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Monday, February 2nd.

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