WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) Shareholders to Receive $0.30 Monthly Dividend

Key Points

• WisdomTree Emerging Markets Corporate Bond Fund declared a $0.30-per-share monthly dividend, payable September 29 to shareholders of record on September 25. The dividend implies $3.60 in annualized payments and a 5.6% yield.
• EMCB shares fell 0.5% to $64.57, near the fund’s 52-week low of $64.20 and below both its 50-day and 200-day moving averages.
• Several institutional investors increased or initiated positions in EMCB, including Rockefeller Capital Management, Integrated Wealth Concepts, Kestra Advisory Services, and Schwallier Wealth Management.

WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB - Get Free Report) declared a monthly dividend on Thursday, September 24th. Shareholders of record on Friday, September 25th will be given a dividend of $0.30 per share on Tuesday, September 29th. This represents a $3.60 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Friday, September 25th.

WisdomTree Emerging Markets Corporate Bond Fund Stock Down 0.5%

NASDAQ:EMCB traded down $0.33 on Friday, reaching $64.57. The company's stock had a trading volume of 6,807 shares, compared to its average volume of 5,329. WisdomTree Emerging Markets Corporate Bond Fund has a 1-year low of $64.20 and a 1-year high of $69.25. The business's 50-day moving average price is $65.72 and its two-hundred day moving average price is $66.08.

Hedge Funds Weigh In On WisdomTree Emerging Markets Corporate Bond Fund

Several institutional investors and hedge funds have recently modified their holdings of EMCB. Schwallier Wealth Management LLC bought a new stake in shares of WisdomTree Emerging Markets Corporate Bond Fund in the first quarter worth $1,602,000. Rockefeller Capital Management L.P. grew its position in WisdomTree Emerging Markets Corporate Bond Fund by 256.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 11,464 shares of the company's stock valued at $762,000 after purchasing an additional 8,246 shares in the last quarter. ATX Financial Planning LLC bought a new position in WisdomTree Emerging Markets Corporate Bond Fund in the fourth quarter valued at $339,000. Integrated Wealth Concepts LLC increased its stake in WisdomTree Emerging Markets Corporate Bond Fund by 1.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 220,919 shares of the company's stock valued at $14,620,000 after buying an additional 3,943 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its stake in WisdomTree Emerging Markets Corporate Bond Fund by 12.8% in the 1st quarter. Kestra Advisory Services LLC now owns 31,575 shares of the company's stock valued at $2,069,000 after buying an additional 3,573 shares during the last quarter.

About WisdomTree Emerging Markets Corporate Bond Fund

The WisdomTree Emerging Markets Corporate Bond Fund (EMCB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF with a focus on investment- and non-investment-grade corporate debt of emerging-market countries. The fund manager may invest using derivatives. EMCB was launched on Mar 8, 2012 and is managed by WisdomTree.

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