Investors Buy Large Volume of iShares J.P. Morgan USD Emerging Markets Bond ETF Put Options (NASDAQ:EMB)

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the recipient of some unusual options trading on Tuesday. Traders purchased 3,000 put options on the company. This is an increase of approximately 88% compared to the typical daily volume of 1,598 put options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. OLD Point Trust & Financial Services N A purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at approximately $28,000. Golden State Wealth Management LLC grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 140.7% during the 1st quarter. Golden State Wealth Management LLC now owns 325 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 190 shares during the period. ORG Wealth Partners LLC acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 1st quarter worth $30,000. Boyd Watterson Asset Management LLC OH raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 381.3% in the 1st quarter. Boyd Watterson Asset Management LLC OH now owns 385 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 305 shares during the period. Finally, Hurley Capital LLC purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 1st quarter worth $42,000. 91.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Down 0.3%

Shares of NASDAQ:EMB opened at $91.52 on Wednesday. The business’s fifty day moving average price is $91.01 and its two-hundred day moving average price is $90.34. iShares J.P. Morgan USD Emerging Markets Bond ETF has a one year low of $84.78 and a one year high of $93.97.

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

The business also recently disclosed a monthly dividend, which was paid on Monday, July 7th. Investors of record on Tuesday, July 1st were given a dividend of $0.3799 per share. This represents a $4.56 dividend on an annualized basis and a yield of 4.98%. The ex-dividend date was Tuesday, July 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.