iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Reaches New 1-Year High – Should You Buy?

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $97.76 and last traded at $97.5850, with a volume of 199973 shares trading hands. The stock had previously closed at $97.25.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Down 0.2%

The business’s fifty day moving average price is $96.51 and its 200 day moving average price is $95.71.

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

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.4146 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.38. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

Institutional Investors Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Several hedge funds have recently modified their holdings of the company. Ameriflex Group Inc. grew its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 38.7% during the 4th quarter. Ameriflex Group Inc. now owns 369 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 103 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 26.7% during the fourth quarter. NewEdge Advisors LLC now owns 272,999 shares of the exchange traded fund’s stock valued at $26,284,000 after purchasing an additional 57,554 shares in the last quarter. Centennial Bank AR grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 461.6% during the fourth quarter. Centennial Bank AR now owns 1,432 shares of the exchange traded fund’s stock worth $138,000 after purchasing an additional 1,177 shares during the last quarter. Hilltop Holdings Inc. increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 29.6% in the fourth quarter. Hilltop Holdings Inc. now owns 48,520 shares of the exchange traded fund’s stock valued at $4,671,000 after buying an additional 11,082 shares during the period. Finally, Advisory Services Network LLC raised its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 2.9% in the 4th quarter. Advisory Services Network LLC now owns 17,166 shares of the exchange traded fund’s stock valued at $1,653,000 after buying an additional 481 shares during the last quarter. Institutional investors and hedge funds own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Company Profile

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.