First Command Advisory Services Inc. Boosts Stake in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

First Command Advisory Services Inc. raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 51.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 195,658 shares of the exchange traded fund’s stock after purchasing an additional 66,090 shares during the quarter. First Command Advisory Services Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $18,625,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Richardson Capital Management LLC purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the third quarter worth approximately $26,000. First United Bank & Trust grew its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 47.7% in the 3rd quarter. First United Bank & Trust now owns 415 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 134 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter valued at $42,000. Corsicana & Co. purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the third quarter worth $47,000. Finally, First Horizon Corp bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter worth $47,000. Institutional investors own 91.08% of the company’s stock.

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

NASDAQ EMB opened at $96.82 on Tuesday. The company’s 50-day moving average price is $96.32 and its 200-day moving average price is $95.18. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12 month low of $84.78 and a 12 month high of $97.07.

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

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3829 dividend. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is an increase from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.37.

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. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.