VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sees Strong Trading Volume – What’s Next?

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) saw unusually-high trading volume on Tuesday . Approximately 519,737 shares traded hands during mid-day trading, an increase of 151% from the previous session’s volume of 207,479 shares.The stock last traded at $20.22 and had previously closed at $20.17.

VanEck Emerging Markets High Yield Bond ETF Stock Up 0.4%

The stock has a fifty day moving average price of $20.07 and a two-hundred day moving average price of $20.02.

Hedge Funds Weigh In On VanEck Emerging Markets High Yield Bond ETF

Large investors have recently bought and sold shares of the stock. Sound Income Strategies LLC lifted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 3.3% during the fourth quarter. Sound Income Strategies LLC now owns 2,100,916 shares of the company’s stock valued at $42,186,000 after purchasing an additional 66,206 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in VanEck Emerging Markets High Yield Bond ETF by 684.1% in the fourth quarter. Farther Finance Advisors LLC now owns 33,450 shares of the company’s stock valued at $665,000 after purchasing an additional 29,184 shares during the last quarter. Assetmark Inc. lifted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 13.2% during the 1st quarter. Assetmark Inc. now owns 729,335 shares of the company’s stock valued at $14,390,000 after buying an additional 84,849 shares during the last quarter. DGS Capital Management LLC purchased a new stake in VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at about $212,000. Finally, Rareview Capital LLC lifted its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 9.6% during the 1st quarter. Rareview Capital LLC now owns 20,490 shares of the company’s stock valued at $406,000 after buying an additional 1,794 shares in 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.