iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC reduced its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 29.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,054 shares of the exchange traded fund’s stock after selling 1,271 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $270,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EMB. ICA Group Wealth Management LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth $26,000. First United Bank & Trust acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at $38,000. Global Financial Private Client LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 36.3% in the 1st quarter. Global Financial Private Client LLC now owns 436 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 116 shares in the last quarter. Salomon & Ludwin LLC raised its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 8,766.7% during the 1st quarter. Salomon & Ludwin LLC now owns 532 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 526 shares during the period. Finally, Financial Management Professionals Inc. acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 1st quarter worth about $52,000. 91.08% of the stock is currently owned by institutional investors.

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

Shares of EMB traded down $0.75 during midday trading on Monday, hitting $89.86. The stock had a trading volume of 5,749,594 shares, compared to its average volume of 6,130,877. The business has a 50-day simple moving average of $89.30 and a two-hundred day simple moving average of $88.65. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $79.70 and a fifty-two week high of $90.64.

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

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 6th. Investors of record on Thursday, August 1st will be paid a $0.3909 dividend. This is a positive change from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.38. The ex-dividend date is Thursday, August 1st. This represents a $4.69 dividend on an annualized basis and a yield of 5.22%.

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.