Princeton Global Asset Management LLC Grows Stake in iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB)

Princeton Global Asset Management LLC boosted its holdings in shares of iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) by 55.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,238 shares of the company’s stock after buying an additional 1,153 shares during the period. Princeton Global Asset Management LLC’s holdings in iShares J.P. Morgan EM Corporate Bond ETF were worth $144,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of iShares J.P. Morgan EM Corporate Bond ETF by 6.1% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,569 shares of the company’s stock valued at $256,000 after acquiring an additional 319 shares in the last quarter. Loomis Sayles & Co. L P raised its stake in iShares J.P. Morgan EM Corporate Bond ETF by 30.7% in the third quarter. Loomis Sayles & Co. L P now owns 179,024 shares of the company’s stock valued at $8,235,000 after purchasing an additional 42,036 shares in the last quarter. Finally, Arkansas Financial Group Inc. lifted its position in iShares J.P. Morgan EM Corporate Bond ETF by 35.9% during the fourth quarter. Arkansas Financial Group Inc. now owns 12,626 shares of the company’s stock valued at $560,000 after purchasing an additional 3,332 shares during the last quarter.

iShares J.P. Morgan EM Corporate Bond ETF Price Performance

Shares of BATS:CEMB opened at $44.60 on Tuesday. The company’s fifty day moving average price is $44.71 and its 200-day moving average price is $45.06. iShares J.P. Morgan EM Corporate Bond ETF has a one year low of $49.99 and a one year high of $51.78.

iShares J.P. Morgan EM Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.2021 per share. This is an increase from iShares J.P. Morgan EM Corporate Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend is Monday, February 3rd.

About iShares J.P. Morgan EM Corporate Bond ETF

The iShares J.P. Morgan EM Corporate Bond ETF (CEMB) is an exchange-traded fund that is based on the JP Morgan CEMBI Broad Diversified index. The fund tracks an index of US-dollar-denominated bonds issued by corporations based in emerging markets. CEMB was launched on Apr 17, 2012 and is managed by BlackRock.