FDx Advisors Inc. Acquires 7,262 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

FDx Advisors Inc. acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) in the third quarter, Holdings Channel reports. The institutional investor acquired 7,262 shares of the exchange traded fund’s stock, valued at approximately $660,000.

Several other hedge funds have also recently made changes to their positions in EMB. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter valued at about $27,000. Compass Financial Management LLC bought a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter valued at about $31,000. Harbor Investment Advisory LLC grew its position 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 worth $37,000 after acquiring an additional 360 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the third quarter worth about $46,000. Finally, Root Financial Partners LLC bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter worth approximately $49,000. 91.08% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ EMB traded down $0.21 during trading hours on Friday, hitting $91.13. 5,558,070 shares of the company were exchanged, compared to its average volume of 8,135,433. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52 week low of $89.69 and a 52 week high of $97.80. The stock has a 50-day moving average price of $92.02 and a 200 day moving average price of $94.74.

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

The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.4037 dividend. This is a negative change from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.4436. The ex-dividend date was Monday, November 2nd. This represents a $4.84 dividend on an annualized basis and a dividend yield of 5.3%.

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.