GAMMA Investing LLC Boosts Holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

GAMMA Investing LLC raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 172.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,263 shares of the exchange traded fund’s stock after purchasing an additional 7,760 shares during the period. GAMMA Investing LLC’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $1,085,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sumitomo Life Insurance Co. increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 184.7% in the fourth quarter. Sumitomo Life Insurance Co. now owns 2,550,683 shares of the exchange traded fund’s stock worth $227,164,000 after acquiring an additional 1,654,771 shares in the last quarter. Bessemer Group Inc. raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 16.1% in the first quarter. Bessemer Group Inc. now owns 2,033,197 shares of the exchange traded fund’s stock valued at $182,317,000 after purchasing an additional 281,339 shares during the period. BNP Paribas Financial Markets raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 312.0% in the fourth quarter. BNP Paribas Financial Markets now owns 1,433,655 shares of the exchange traded fund’s stock valued at $127,681,000 after purchasing an additional 1,085,683 shares during the period. TIAA Trust National Association lifted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 134.4% during the first quarter. TIAA Trust National Association now owns 1,250,692 shares of the exchange traded fund’s stock worth $112,300,000 after purchasing an additional 717,196 shares in the last quarter. Finally, Brevan Howard Capital Management LP boosted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 167.4% in the fourth quarter. Brevan Howard Capital Management LP now owns 1,244,000 shares of the exchange traded fund’s stock worth $110,791,000 after buying an additional 3,089,000 shares during the period. 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 NASDAQ:EMB traded down $0.72 during mid-day trading on Monday, hitting $89.89. 6,803,395 shares of the company traded hands, compared to its average volume of 6,136,477. The firm’s 50 day simple moving average is $89.30 and its 200 day simple moving average is $88.65. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52-week low of $79.70 and a 52-week high of $90.64.

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

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st will be paid a dividend of $0.3909 per share. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $4.69 dividend on an annualized basis and a dividend yield of 5.22%. This is a positive change from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.38.

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.