Fairview Capital Investment Management LLC Has $5.34 Million Position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Fairview Capital Investment Management LLC increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 4.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 59,920 shares of the exchange traded fund’s stock after buying an additional 2,733 shares during the period. Fairview Capital Investment Management LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $5,336,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Ironwood Investment Counsel LLC bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter worth about $464,000. Manning & Napier Group LLC grew 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 purchasing an additional 146 shares in the last quarter. Sunbelt Securities Inc. grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 33.2% in 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 in the last quarter. Sumitomo Life Insurance Co. grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 184.7% in the fourth quarter. Sumitomo Life Insurance Co. now owns 2,550,683 shares of the exchange traded fund’s stock valued at $227,164,000 after purchasing an additional 1,654,771 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 25.6% in the fourth quarter. AdvisorNet Financial Inc now owns 14,343 shares of the exchange traded fund’s stock valued at $1,277,000 after purchasing an additional 2,924 shares in the last quarter. 91.08% of the stock is currently owned by institutional investors.

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

EMB stock traded up $0.09 during mid-day trading on Wednesday, reaching $89.24. The company had a trading volume of 4,177,988 shares, compared to its average volume of 6,250,259. The stock has a 50 day simple moving average of $88.58 and a two-hundred day simple moving average of $88.08. 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 Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, June 3rd will be paid a $0.3627 dividend. The ex-dividend date is Monday, June 3rd. This represents a $4.35 dividend on an annualized basis and a yield of 4.88%.

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.