iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Sets New 12-Month Low – Should You Sell?

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB – Get Free Report) shares reached a new 52-week low on Tuesday. The stock traded as low as $91.20 and last traded at $91.34, with a volume of 13795398 shares trading hands. The stock had previously closed at $92.18.

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

The stock’s 50-day moving average is $94.18 and its 200-day moving average is $95.05.

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

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.4137 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.96 annualized dividend and a yield of 5.5%. This is a positive change from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.4136.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EMB. Principia Wealth Advisory LLC grew its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.5% during the second quarter. Principia Wealth Advisory LLC now owns 31,305 shares of the exchange traded fund’s stock worth $3,019,000 after buying an additional 1,054 shares in the last quarter. Nilsine Partners LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 2.4% during the second quarter. Nilsine Partners LLC now owns 15,172 shares of the exchange traded fund’s stock valued at $1,463,000 after acquiring an additional 360 shares during the period. Compass Financial Management LLC acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 2nd quarter worth approximately $31,000. Syon Capital LLC grew its holdings in shares of 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 worth $16,365,000 after purchasing an additional 23,372 shares in the last quarter. Finally, Continuum Advisory LLC increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 14.8% during the second quarter. Continuum Advisory LLC now owns 12,276 shares of the exchange traded fund’s stock valued at $1,184,000 after purchasing an additional 1,587 shares during the period. Institutional investors and hedge funds own 91.08% of the company’s stock.

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

(Get Free Report)

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.

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