iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Sets New 1-Year High at $90.25

Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) reached a new 52-week high during trading on Thursday . The stock traded as high as $90.25 and last traded at $90.25, with a volume of 1365433 shares trading hands. The stock had previously closed at $89.57.

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

The company’s 50-day moving average is $89.07 and its two-hundred day moving average is $88.47.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a dividend of $0.3813 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $4.58 annualized dividend and a yield of 5.07%.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. ICA Group Wealth Management LLC bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter worth about $26,000. First United Bank & Trust bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter worth about $38,000. Global Financial Private Client LLC lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 36.3% during the first quarter. Global Financial Private Client LLC now owns 436 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 116 shares during the period. Olistico Wealth LLC bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter worth about $46,000. Finally, Salomon & Ludwin LLC lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 8,766.7% during the first quarter. Salomon & Ludwin LLC now owns 532 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 526 shares during the period. 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.