BNP Paribas Financial Markets Purchases 1,039,195 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

BNP Paribas Financial Markets grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 77.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,385,974 shares of the exchange traded fund’s stock after purchasing an additional 1,039,195 shares during the period. BNP Paribas Financial Markets owned approximately 1.47% of iShares J.P. Morgan USD Emerging Markets Bond ETF worth $223,279,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Harbor Capital Advisors Inc. raised its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 43.7% in the third quarter. Harbor Capital Advisors Inc. now owns 385 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 117 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 226.0% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 401 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 278 shares during the last quarter. Global Financial Private Client LLC raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 36.3% during the first quarter. Global Financial Private Client LLC now owns 436 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 116 shares during the last quarter. Olistico Wealth LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter valued at approximately $46,000. Finally, Zions Bancorporation N.A. purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter valued at approximately $47,000. Institutional investors own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Up 0.9 %

Shares of EMB traded up $0.85 during mid-day trading on Tuesday, hitting $91.70. 7,184,655 shares of the company traded hands, compared to its average volume of 6,021,293. The stock has a 50-day moving average price of $91.91 and a two-hundred day moving average price of $90.72. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $84.85 and a 1 year high of $93.97.

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

The business also recently disclosed a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.4222 per share. This is a boost from iShares J.P. Morgan USD Emerging Markets Bond ETF’s previous dividend of $0.37. The ex-dividend date of this dividend was Friday, November 1st.

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.