VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Trading Down 0.3% – Time to Sell?

Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) were down 0.3% during mid-day trading on Thursday . The stock traded as low as $19.97 and last traded at $19.99. Approximately 125,703 shares were traded during trading, a decline of 37% from the average daily volume of 197,986 shares. The stock had previously closed at $20.06.

VanEck Emerging Markets High Yield Bond ETF Trading Down 0.3%

The company’s 50 day moving average price is $19.94 and its 200 day moving average price is $19.99.

Institutional Trading of VanEck Emerging Markets High Yield Bond ETF

Hedge funds have recently made changes to their positions in the company. Harbour Investments Inc. lifted its holdings in VanEck Emerging Markets High Yield Bond ETF by 11.5% during the 4th quarter. Harbour Investments Inc. now owns 4,936 shares of the company’s stock worth $98,000 after buying an additional 510 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 0.5% in the 4th quarter. Cetera Investment Advisers now owns 109,786 shares of the company’s stock worth $2,184,000 after acquiring an additional 530 shares during the period. Coastal Bridge Advisors LLC lifted its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 4.3% in the fourth quarter. Coastal Bridge Advisors LLC now owns 14,239 shares of the company’s stock valued at $283,000 after purchasing an additional 585 shares during the period. Tidal Investments LLC boosted its holdings in VanEck Emerging Markets High Yield Bond ETF by 2.2% during the second quarter. Tidal Investments LLC now owns 42,744 shares of the company’s stock worth $842,000 after buying an additional 938 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the first quarter worth about $25,000.

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.