BNP Paribas Financial Markets Raises Stake in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

BNP Paribas Financial Markets increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 15.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,556,458 shares of the exchange traded fund’s stock after purchasing an additional 488,302 shares during the period. BNP Paribas Financial Markets owned 2.03% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $342,416,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of EMB. Redwood Investment Management LLC raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 37.9% in the 2nd quarter. Redwood Investment Management LLC now owns 3,681 shares of the exchange traded fund’s stock valued at $341,000 after acquiring an additional 1,012 shares in the last quarter. WFA of San Diego LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 2nd quarter valued at about $441,000. Cullen Frost Bankers Inc. raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 54.6% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 524 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 185 shares in the last quarter. Belpointe Asset Management LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter valued at about $323,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,370,578 shares of the exchange traded fund’s stock valued at $130,465,000 after buying an additional 41,366 shares in the last quarter. 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 NASDAQ EMB opened at $96.43 on Friday. The stock’s 50-day moving average is $95.20 and its 200 day moving average is $95.99. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $89.96 and a 1-year high of $97.80.

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

The company also recently disclosed a dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.4101 dividend. The ex-dividend date was Friday, May 1st.

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.