iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Trading 1.9% Higher – Time to Buy?

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) shot up 1.9% on Monday . The company traded as high as $44.56 and last traded at $45.16. 85,438 shares traded hands during trading, an increase of 72% from the average session volume of 49,757 shares. The stock had previously closed at $44.30.

iShares J.P. Morgan EM Corporate Bond ETF Price Performance

The firm’s fifty day moving average price is $44.90 and its 200-day moving average price is $45.05.

iShares J.P. Morgan EM Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1962 per share. The ex-dividend date was Monday, March 3rd.

Institutional Trading of iShares J.P. Morgan EM Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in CEMB. OLD Mission Capital LLC acquired a new position in iShares J.P. Morgan EM Corporate Bond ETF during the fourth quarter worth $3,071,000. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of iShares J.P. Morgan EM Corporate Bond ETF by 26.8% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 7,061 shares of the company’s stock worth $313,000 after purchasing an additional 1,492 shares during the last quarter. Princeton Global Asset Management LLC raised its holdings in shares of iShares J.P. Morgan EM Corporate Bond ETF by 55.3% in the 4th quarter. Princeton Global Asset Management LLC now owns 3,238 shares of the company’s stock valued at $144,000 after purchasing an additional 1,153 shares during the period. Arkansas Financial Group Inc. lifted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 35.9% in the 4th quarter. Arkansas Financial Group Inc. now owns 12,626 shares of the company’s stock valued at $560,000 after purchasing an additional 3,332 shares during the last quarter. Finally, Loomis Sayles & Co. L P grew its holdings in iShares J.P. Morgan EM Corporate Bond ETF by 30.7% during the third quarter. Loomis Sayles & Co. L P now owns 179,024 shares of the company’s stock worth $8,235,000 after purchasing an additional 42,036 shares during the period.

About iShares J.P. Morgan EM Corporate Bond ETF

The iShares J.P. Morgan EM Corporate Bond ETF (CEMB) is an exchange-traded fund that is based on the JP Morgan CEMBI Broad Diversified index. The fund tracks an index of US-dollar-denominated bonds issued by corporations based in emerging markets. CEMB was launched on Apr 17, 2012 and is managed by BlackRock.