iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Trading Up 0.3% – Here’s What Happened

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) were up 0.3% during trading on Monday . The stock traded as high as $38.33 and last traded at $38.20. Approximately 33,380 shares changed hands during trading, The stock had previously closed at $38.08.

iShares J.P. Morgan EM High Yield Bond ETF Trading Up 0.3 %

The company has a fifty day moving average of $38.52 and a 200-day moving average of $37.78.

iShares J.P. Morgan EM High Yield Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.2236 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from iShares J.P. Morgan EM High Yield Bond ETF’s previous dividend of $0.21.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. boosted its position in iShares J.P. Morgan EM High Yield Bond ETF by 3.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 36,172 shares of the company’s stock worth $1,340,000 after purchasing an additional 1,175 shares during the last quarter. First Horizon Advisors Inc. lifted its position in shares of iShares J.P. Morgan EM High Yield Bond ETF by 446.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,513 shares of the company’s stock valued at $56,000 after buying an additional 1,236 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF during the 2nd quarter valued at $296,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF during the 3rd quarter valued at $55,000.

iShares J.P. Morgan EM High Yield Bond ETF Company Profile

The iShares J.P. Morgan EM High Yield Bond ETF (EMHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index comprising USD denominated emerging markets high yield bonds. EMHY was launched on Apr 3, 2012 and is managed by BlackRock.