Traders Buy Large Volume of Put Options on iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) saw some unusual options trading activity on Tuesday. Traders purchased 37,325 put options on the company. This represents an increase of approximately 174% compared to the typical daily volume of 13,640 put options.

Institutional Trading of iShares J.P. Morgan USD Emerging Markets Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of EMB. Ironwood Investment Counsel LLC acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 3rd quarter valued at about $464,000. Manning & Napier Group LLC boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.8% in the fourth quarter. Manning & Napier Group LLC now owns 8,087 shares of the exchange traded fund’s stock valued at $720,000 after acquiring an additional 146 shares during the period. Sunbelt Securities Inc. grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 33.2% during the third quarter. Sunbelt Securities Inc. now owns 3,135 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 782 shares during the last quarter. Nvwm LLC raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.1% during the 3rd quarter. Nvwm LLC now owns 40,044 shares of the exchange traded fund’s stock worth $3,304,000 after purchasing an additional 1,950 shares during the period. Finally, AdvisorNet Financial Inc lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 25.6% in the 4th quarter. AdvisorNet Financial Inc now owns 14,343 shares of the exchange traded fund’s stock worth $1,277,000 after purchasing an additional 2,924 shares during the last quarter. 91.08% of the stock is owned by institutional investors.

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

EMB stock opened at $88.90 on Wednesday. The stock’s 50 day moving average is $88.54 and its two-hundred day moving average is $87.14. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52-week low of $79.70 and a 52-week high of $90.08.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.3606 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $4.33 annualized dividend and a dividend yield of 4.87%.

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.