iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) to Issue Dividend Increase – $0.19 Per Share

Posted by Hanz Christensen on Mar 30th, 2024

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB – Get Free Report) declared a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be given a dividend of 0.1861 per share on Friday, April 5th. The ex-dividend date is Monday, April 1st. This is a boost from iShares J.P. Morgan EM Corporate Bond ETF’s previous dividend of $0.18.

iShares J.P. Morgan EM Corporate Bond ETF Price Performance

BATS:CEMB traded down $0.07 on Friday, reaching $44.48. The stock had a trading volume of 30,407 shares. The firm’s fifty day moving average is $44.18 and its two-hundred day moving average is $43.25. iShares J.P. Morgan EM Corporate Bond ETF has a 12-month low of $49.99 and a 12-month high of $51.78.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares J.P. Morgan EM Corporate Bond ETF stock. Loomis Sayles & Co. L P raised its position in iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB – Free Report) by 62.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,716 shares of the company’s stock after purchasing an additional 20,600 shares during the period. Loomis Sayles & Co. L P’s holdings in iShares J.P. Morgan EM Corporate Bond ETF were worth $2,492,000 at the end of the most recent reporting period.

About iShares J.P. Morgan EM Corporate Bond ETF

(Get Free Report)

The iShares J.P. Morgan EM Corporate Bond ETF (CEMB) is an exchange-traded fund that is based on the JP Morgan CEMBI Broad Diversified index. The fund tracks an index of US-dollar-denominated bonds issued by corporations based in emerging markets. CEMB was launched on Apr 17, 2012 and is managed by BlackRock.