Covenant Multifamily Offices LLC Buys New Stake in iShares JP Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Covenant Multifamily Offices LLC purchased a new position in shares of iShares JP Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,254 shares of the exchange traded fund’s stock, valued at approximately $248,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Osborn Williams & Donohoe LLC acquired a new position in shares of iShares JP Morgan USD Emerging Markets Bond ETF in the first quarter worth $26,000. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of iShares JP Morgan USD Emerging Markets Bond ETF by 447.0% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 1,198 shares of the exchange traded fund’s stock worth $132,000 after acquiring an additional 979 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of iShares JP Morgan USD Emerging Markets Bond ETF by 42.8% in the first quarter. SG Americas Securities LLC now owns 429,226 shares of the exchange traded fund’s stock worth $47,241,000 after acquiring an additional 128,750 shares during the last quarter. Atlas Capital Advisors LLC acquired a new position in shares of iShares JP Morgan USD Emerging Markets Bond ETF in the first quarter worth $152,000. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of iShares JP Morgan USD Emerging Markets Bond ETF by 79.0% in the first quarter. BNP Paribas Arbitrage SA now owns 457,665 shares of the exchange traded fund’s stock worth $50,371,000 after acquiring an additional 202,013 shares during the last quarter.

Shares of NASDAQ EMB traded down $0.06 during trading on Wednesday, reaching $109.52. The company had a trading volume of 2,430,831 shares, compared to its average volume of 4,985,616. iShares JP Morgan USD Emerging Markets Bond ETF has a twelve month low of $102.15 and a twelve month high of $110.37.

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were paid a $0.4489 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $5.39 annualized dividend and a yield of 4.92%.

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iShares JP Morgan USD Emerging Markets Bond ETF 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.

See Also: Understanding Price to Earnings Ratio (PE)

Institutional Ownership by Quarter for iShares JP Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

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