OLD Mission Capital LLC Purchases 25,905 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

OLD Mission Capital LLC boosted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 192.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,388 shares of the exchange traded fund’s stock after acquiring an additional 25,905 shares during the quarter. OLD Mission Capital LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $3,532,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in EMB. ICA Group Wealth Management LLC bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at about $26,000. First United Bank & Trust acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at approximately $38,000. Salomon & Ludwin LLC raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 8,766.7% in the 1st quarter. Salomon & Ludwin LLC now owns 532 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 526 shares during the period. Financial Management Professionals Inc. acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 1st quarter valued at approximately $52,000. Finally, Transcendent Capital Group LLC acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth approximately $52,000. Institutional investors own 91.08% of the company’s stock.

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

EMB stock traded up $0.51 during mid-day trading on Friday, hitting $89.77. 3,325,628 shares of the company were exchanged, compared to its average volume of 6,079,650. The firm’s 50 day simple moving average is $89.18 and its 200 day simple moving average is $88.54. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $79.70 and a 1-year high of $90.38.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a $0.3813 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $4.58 dividend on an annualized basis and a dividend yield of 5.10%.

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.