Traders Sell iShares JP Morgan USD Emerging Markets Bond ETF (EMB) on Strength (EMB)

Investors sold shares of iShares JP Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) on strength during trading on Wednesday. $82.09 million flowed into the stock on the tick-up and $157.51 million flowed out of the stock on the tick-down, for a money net flow of $75.42 million out of the stock. Of all companies tracked, iShares JP Morgan USD Emerging Markets Bond ETF had the 14th highest net out-flow for the day. iShares JP Morgan USD Emerging Markets Bond ETF traded up $0.10 for the day and closed at $109.42

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.4541 per share. This represents a $5.45 annualized dividend and a dividend yield of 4.98%. This is an increase from iShares JP Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend was Monday, April 1st.

Several hedge funds have recently made changes to their positions in EMB. We Are One Seven LLC purchased a new position in iShares JP Morgan USD Emerging Markets Bond ETF during the fourth quarter valued at $26,000. Financial Gravity Companies Inc. purchased a new position in iShares JP Morgan USD Emerging Markets Bond ETF during the fourth quarter valued at $34,000. Bremer Trust National Association purchased a new position in iShares JP Morgan USD Emerging Markets Bond ETF during the fourth quarter valued at $44,000. Prime Capital Investment Advisors LLC grew its stake in iShares JP Morgan USD Emerging Markets Bond ETF by 508.5% during the first quarter. Prime Capital Investment Advisors LLC now owns 432 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 361 shares in the last quarter. Finally, WP Advisors LLC purchased a new position in iShares JP Morgan USD Emerging Markets Bond ETF during the first quarter valued at $51,000.

TRADEMARK VIOLATION NOTICE: This story was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another site, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark laws. The original version of this story can be read at https://www.dispatchtribunal.com/2019/04/17/traders-sell-ishares-jp-morgan-usd-emerging-markets-bond-etf-emb-on-strength-emb.html.

About iShares JP Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

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.

Recommended Story: Back-End Load

Receive News & Ratings for iShares JP Morgan USD Emerging Markets Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares JP Morgan USD Emerging Markets Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.