Syon Capital LLC Raises Stock Position in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Syon Capital LLC grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 16.0% in the second quarter, Holdings Channel.com reports. The fund owned 169,689 shares of the exchange traded fund’s stock after purchasing an additional 23,372 shares during the period. Syon Capital LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $16,365,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Compass Financial Management LLC purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter valued at approximately $31,000. Cary Street Partners Financial LLC purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter worth $34,000. Ameriflex Group Inc. boosted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 38.7% during the fourth quarter. Ameriflex Group Inc. now owns 369 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 103 shares in the last quarter. Harbor Investment Advisory LLC grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 1,333.3% in the second quarter. Harbor Investment Advisory LLC now owns 387 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 360 shares during the last quarter. Finally, First United Bank & Trust grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 34.2% in the first quarter. First United Bank & Trust now owns 1,016 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 259 shares during the last quarter. Hedge funds and other institutional investors own 91.08% of the company’s stock.

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

Shares of EMB stock opened at $94.45 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $92.87 and a fifty-two week high of $97.80. The business has a fifty day simple moving average of $95.25 and a 200-day simple moving average of $95.56.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.4137 per share. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.41. The ex-dividend date is Tuesday, September 1st. This represents a c) annualized dividend and a yield of 5.3%.

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