Baird Financial Group Inc. Acquires 14,236 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB

Baird Financial Group Inc. lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 33.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 56,938 shares of the exchange traded fund’s stock after acquiring an additional 14,236 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $5,274,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Vicus Capital increased its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.4% during the 2nd quarter. Vicus Capital now owns 16,900 shares of the exchange traded fund’s stock valued at $1,565,000 after purchasing an additional 228 shares during the last quarter. Private Trust Co. NA grew its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 14.5% during the second quarter. Private Trust Co. NA now owns 3,198 shares of the exchange traded fund’s stock valued at $296,000 after buying an additional 404 shares during the period. Atlatl Advisers LLC increased its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.3% during the second quarter. Atlatl Advisers LLC now owns 8,672 shares of the exchange traded fund’s stock worth $803,000 after buying an additional 434 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the second quarter worth about $42,000. Finally, Arkadios Wealth Advisors raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 11.0% in the second quarter. Arkadios Wealth Advisors now owns 4,767 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 472 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

iShares J.P. Morgan USD Emerging Markets Bond ETF stock opened at $95.85 on Wednesday. The firm has a 50 day moving average price of $96.00 and a 200-day moving average price of $93.99. iShares J.P. Morgan USD Emerging Markets Bond ETF has a twelve month low of $84.78 and a twelve month high of $97.07.

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

The company also recently announced a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were paid a $0.3722 dividend. The ex-dividend date was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.