iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Reaches New 12-Month High – What’s Next?

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) shares reached a new 52-week high on Wednesday . The company traded as high as $95.71 and last traded at $95.53, with a volume of 5454678 shares traded. The stock had previously closed at $95.59.

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

The stock’s 50-day simple moving average is $93.57 and its two-hundred day simple moving average is $91.45.

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

The business also recently announced a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a $0.4019 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Tuesday, September 2nd.

Hedge Funds Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Hedge funds have recently modified their holdings of the stock. Golden State Wealth Management LLC lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 140.7% in the first quarter. Golden State Wealth Management LLC now owns 325 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 190 shares in the last quarter. ORG Wealth Partners LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the first quarter worth $30,000. Boyd Watterson Asset Management LLC OH lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 381.3% in the first quarter. Boyd Watterson Asset Management LLC OH now owns 385 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 305 shares in the last quarter. Hurley Capital LLC purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the first quarter valued at $42,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter valued at $42,000. Hedge funds and other institutional investors own 91.08% of the company’s stock.

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