iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Stock Price Up 1.5% – Time to Buy?

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY)’s stock price traded up 1.5% during trading on Monday . The company traded as high as $38.43 and last traded at $38.65. 57,016 shares changed hands during trading, The stock had previously closed at $38.07.

iShares J.P. Morgan EM High Yield Bond ETF Trading Up 1.5 %

The firm’s 50-day moving average price is $38.39 and its two-hundred day moving average price is $38.47.

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

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.2661 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares J.P. Morgan EM High Yield Bond ETF’s previous dividend of $0.09.

Institutional Investors Weigh In On iShares J.P. Morgan EM High Yield Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF in the third quarter valued at approximately $55,000. Mount Lucas Management LP grew its stake in shares of iShares J.P. Morgan EM High Yield Bond ETF by 4.6% during the third quarter. Mount Lucas Management LP now owns 66,307 shares of the company’s stock valued at $2,587,000 after purchasing an additional 2,942 shares during the last quarter. First Horizon Advisors Inc. boosted its position in iShares J.P. Morgan EM High Yield Bond ETF by 40.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,124 shares of the company’s stock valued at $83,000 after buying an additional 611 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of iShares J.P. Morgan EM High Yield Bond ETF by 45.8% in the 4th quarter. Bank of New York Mellon Corp now owns 45,706 shares of the company’s stock valued at $1,736,000 after buying an additional 14,357 shares during the period. Finally, Private Trust Co. NA raised its position in shares of iShares J.P. Morgan EM High Yield Bond ETF by 18.3% during the fourth quarter. Private Trust Co. NA now owns 2,009 shares of the company’s stock worth $76,000 after acquiring an additional 311 shares during the last quarter.

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.