1,534,436 Shares in VanEck Emerging Markets High Yield Bond ETF $HYEM Purchased by Sound Income Strategies LLC

Sound Income Strategies LLC bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 1,534,436 shares of the company’s stock, valued at approximately $29,737,000. VanEck Emerging Markets High Yield Bond ETF comprises 0.7% of Sound Income Strategies LLC’s investment portfolio, making the stock its 13th biggest holding. Sound Income Strategies LLC owned about 0.06% of VanEck Emerging Markets High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Ferguson Shapiro LLC bought a new stake in VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter valued at $1,658,000. Bank of America Corp DE lifted its holdings in VanEck Emerging Markets High Yield Bond ETF by 167.4% during 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 purchasing an additional 2,774,036 shares during the last quarter. Sonoma Allocations LLC boosted its position in VanEck Emerging Markets High Yield Bond ETF by 124.6% during the second quarter. Sonoma Allocations LLC now owns 124,658 shares of the company’s stock worth $2,492,000 after purchasing an additional 69,162 shares during the period. Assetmark Inc. boosted its position in VanEck Emerging Markets High Yield Bond ETF by 13.2% during the first quarter. Assetmark Inc. now owns 729,335 shares of the company’s stock worth $14,390,000 after purchasing an additional 84,849 shares during the period. Finally, Whitcomb & Hess Inc. acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the third quarter valued at $1,505,000.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of NYSEARCA:HYEM traded up $0.02 on Friday, hitting $19.40. The company had a trading volume of 72,879 shares, compared to its average volume of 198,100. The stock has a 50 day moving average price of $19.84 and a 200 day moving average price of $19.96. VanEck Emerging Markets High Yield Bond ETF has a 1-year low of $19.20 and a 1-year high of $20.36.

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.