iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Stake Trimmed by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd cut its position in shares of iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) by 8.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 48,258 shares of the company’s stock after selling 4,377 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares J.P. Morgan EM High Yield Bond ETF were worth $1,883,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. lifted its position in shares of iShares J.P. Morgan EM High Yield Bond ETF by 3.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 36,172 shares of the company’s stock valued at $1,340,000 after acquiring an additional 1,175 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in iShares J.P. Morgan EM High Yield Bond ETF during the 2nd quarter valued at $296,000. First Horizon Advisors Inc. lifted its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 446.2% in the second quarter. First Horizon Advisors Inc. now owns 1,513 shares of the company’s stock valued at $56,000 after purchasing an additional 1,236 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in shares of iShares J.P. Morgan EM High Yield Bond ETF in the third quarter worth $55,000.

iShares J.P. Morgan EM High Yield Bond ETF Trading Down 0.6 %

Shares of EMHY stock opened at $38.53 on Wednesday. iShares J.P. Morgan EM High Yield Bond ETF has a 1-year low of $48.44 and a 1-year high of $51.12. The stock’s fifty day simple moving average is $38.55 and its 200-day simple moving average is $37.84.

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

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

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