VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Stock Price Down 0.2% – Should You Sell?

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) traded down 0.2% on Tuesday . The company traded as low as $19.93 and last traded at $19.94. Approximately 76,570 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 200,650 shares. The stock had previously closed at $19.97.

VanEck Emerging Markets High Yield Bond ETF Stock Down 0.2%

The business’s fifty day moving average is $20.02 and its two-hundred day moving average is $20.03.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HYEM. Bank of America Corp DE increased its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 167.4% in the 1st quarter. Bank of America Corp DE now owns 4,431,238 shares of the company’s stock valued at $87,428,000 after buying an additional 2,774,036 shares during the period. Assetmark Inc. boosted its holdings in VanEck Emerging Markets High Yield Bond ETF by 13.2% in the first quarter. Assetmark Inc. now owns 729,335 shares of the company’s stock valued at $14,390,000 after acquiring an additional 84,849 shares during the last quarter. LPL Financial LLC boosted its holdings in VanEck Emerging Markets High Yield Bond ETF by 10.3% in the fourth quarter. LPL Financial LLC now owns 311,839 shares of the company’s stock valued at $6,202,000 after acquiring an additional 29,080 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in VanEck Emerging Markets High Yield Bond ETF by 7.7% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 279,294 shares of the company’s stock valued at $5,617,000 after acquiring an additional 19,892 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its position in VanEck Emerging Markets High Yield Bond ETF by 10.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 187,315 shares of the company’s stock worth $3,726,000 after purchasing an additional 17,343 shares during the period.

About VanEck Emerging Markets High Yield Bond ETF

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.