Nationwide Fund Advisors bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB – Free Report) during the third quarter, Holdings Channel reports. The fund bought 2,125,687 shares of the exchange traded fund’s stock, valued at approximately $193,097,000. iShares J.P. Morgan USD Emerging Markets Bond ETF comprises about 8.3% of Nationwide Fund Advisors’ holdings, making the stock its 6th largest position.
Other institutional investors and hedge funds also recently modified their holdings of the company. Bessemer Group Inc. raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.9% during the first 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 during the period. Bank of New York Mellon Corp lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 4.9% during the first quarter. Bank of New York Mellon Corp now owns 1,745,556 shares of the exchange traded fund’s stock valued at $163,960,000 after purchasing an additional 81,618 shares during the last quarter. Stairway Partners LLC lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 9.2% during the second 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 during the last quarter. Syon Capital LLC boosted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 16.0% in 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 during the period. Finally, Finhabits Advisors LLC boosted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 2.6% in the 1st quarter. Finhabits Advisors LLC now owns 60,688 shares of the exchange traded fund’s stock valued at $5,700,000 after purchasing an additional 1,521 shares during the period. 91.08% of the stock is owned by institutional investors and hedge funds.
iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Up 0.5%
NASDAQ:EMB opened at $92.25 on Friday. The stock has a fifty day simple moving average of $92.65 and a 200 day simple moving average of $94.99. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $89.69 and a 1-year high of $97.80.
iShares J.P. Morgan USD Emerging Markets Bond ETF Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.4436 per share. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.4137. This represents a $5.32 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend was Thursday, October 1st.
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. 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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