iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB Shares Newly Bought by Parallel Advisors LLC

Parallel Advisors LLC acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 53,121 shares of the exchange traded fund’s stock, valued at approximately $4,826,000.

Several other institutional investors have also recently modified their holdings of the company. Bessemer Group Inc. lifted its holdings 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. Nationwide Fund Advisors purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the third quarter valued at approximately $193,097,000. Bank of New York Mellon Corp increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 4.9% in the 1st quarter. Bank of New York Mellon Corp now owns 1,745,556 shares of the exchange traded fund’s stock worth $163,960,000 after buying an additional 81,618 shares during the period. Stairway Partners LLC increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 9.2% in the 2nd quarter. Stairway Partners LLC now owns 264,121 shares of the exchange traded fund’s stock worth $25,472,000 after buying an additional 22,280 shares during the period. Finally, Syon Capital LLC increased its holdings in 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 worth $16,365,000 after buying an additional 23,372 shares during the period. 91.08% of the stock is currently owned by hedge funds and other institutional investors.

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

EMB opened at $91.96 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12-month low of $89.69 and a 12-month high of $97.80. The firm has a 50 day moving average of $92.29 and a two-hundred day moving average of $94.86.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.4037 dividend. This is a decrease from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.4436. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $4.84 annualized dividend and a dividend yield of 5.3%.

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.