VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sees Unusually-High Trading Volume – Time to Buy?

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) saw an uptick in trading volume on Thursday . 758,327 shares changed hands during mid-day trading, an increase of 251% from the previous session’s volume of 215,871 shares.The stock last traded at $20.12 and had previously closed at $20.06.

VanEck Emerging Markets High Yield Bond ETF Stock Down 0.3%

The company’s 50 day simple moving average is $19.96 and its 200 day simple moving average is $19.98.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 1st quarter valued at about $25,000. Camelot Portfolios LLC acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 4th quarter valued at about $27,000. Advisory Services Network LLC acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter valued at about $45,000. MRP Capital Investments LLC acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter valued at about $56,000. Finally, Farther Finance Advisors LLC increased its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 5,039.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,266 shares of the company’s stock valued at $86,000 after acquiring an additional 4,183 shares during the last quarter.

VanEck Emerging Markets High Yield Bond ETF Company Profile

The VanEck Emerging Markets High Yield Bond ETF (HYEM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that measures the performance of sub-investment-grade corporate debt from emerging markets. HYEM was launched on May 9, 2012 and is managed by VanEck.