Stock 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 unusually large options trading activity on Wednesday. Investors purchased 12,002 put options on the stock. This represents an increase of 1,467% compared to the average daily volume of 766 put options.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Up 0.1%

NASDAQ EMB traded up $0.07 during trading hours on Wednesday, reaching $94.16. 2,325,265 shares of the stock traded hands, compared to its average volume of 8,019,674. The stock has a 50 day simple moving average of $95.34 and a two-hundred day simple moving average of $95.60. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $92.87 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 will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.4137 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. This is a positive change from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.41.

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 the company. Redwood Investment Management LLC raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 37.9% during the second quarter. Redwood Investment Management LLC now owns 3,681 shares of the exchange traded fund’s stock worth $341,000 after acquiring an additional 1,012 shares in the last quarter. WFA of San Diego LLC purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter valued at $441,000. Russell Investments Group Ltd. grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 34.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 65,672 shares of the exchange traded fund’s stock valued at $6,252,000 after purchasing an additional 16,724 shares during the last quarter. Mpwm Advisory Solutions LLC grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 2.4% during the 3rd quarter. Mpwm Advisory Solutions LLC now owns 4,952 shares of the exchange traded fund’s stock valued at $471,000 after purchasing an additional 117 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,004,703 shares of the exchange traded fund’s stock worth $95,639,000 after purchasing an additional 61,273 shares during the period. Hedge funds and other institutional investors own 91.08% of the company’s stock.

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.