iShares J.P. Morgan USD Emerging Markets Bond ETF Target of Unusually High Options Trading (NASDAQ:EMB)

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the recipient of some unusual options trading on Friday. Stock traders bought 10,000 put options on the company. This represents an increase of approximately 382% compared to the typical daily volume of 2,076 put options.

Hedge Funds Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 30.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,500,866 shares of the exchange traded fund’s stock valued at $787,350,000 after purchasing an additional 1,980,069 shares during the period. Maripau Wealth Management LLC increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 18.4% in the 2nd quarter. Maripau Wealth Management LLC now owns 5,577 shares of the exchange traded fund’s stock worth $517,000 after buying an additional 867 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 2nd quarter worth $204,000. Baird Financial Group Inc. raised its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 33.3% during the second quarter. Baird Financial Group Inc. now owns 56,938 shares of the exchange traded fund’s stock valued at $5,274,000 after acquiring an additional 14,236 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.4% during the second quarter. NewEdge Advisors LLC now owns 203,376 shares of the exchange traded fund’s stock valued at $18,837,000 after acquiring an additional 10,482 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 Price Performance

Shares of EMB stock opened at $93.18 on Friday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $84.78 and a 1-year high of $97.80. The stock has a 50-day moving average of $96.43 and a 200-day moving average of $96.08.

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

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.403 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.2%.

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.